5917 Carrollton Avenue, Indianapolis, IN 46220
Local realty services provided by:CENTURY 21 Scheetz
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22075260
Source:IN_MIBOR
Price summary
- Price:$300,000
About this home
SHORT SALE DEAL ALERT!! Discover an incredibly rare investment opportunity at 5917 Carrollton Ave, located in the heart of Indy's coveted A-Class Broad Ripple neighborhood. Just steps from the Monon Trail, the Canal, and the vibrant shops, bars, and dining of Broad Ripple Ave, this property offers unbeatable walkability and central convenience. This converted limestone ranch has been thoughtfully transformed into a four-unit multifamily property-perfect for investors or creative house-hackers seeking an eclectic mix of spaces ideal for high-yield short-term or mid-term furnished rentals. STR rental projections of $7k+ per month!! The renovation is roughly 90-95% complete, making this the ideal canvas for a buyer with vision to apply final touches and maximize returns. The unit mix is distinct and full of character. The Left Unit (2 bed/1 bath) boasts a cool retro 1960s vibe with stainless counters, parquet floors, and a loft-style upper level with a bedroom, living room, and office nook. The Right Unit (3 bed/2 bath) features real hardwoods, a funky kitchenette with custom countertop, and a massive limestone wood-burning fireplace. The Rear Unit (1 bed/1 bath) lives like a studio with an open layout and kitchenette w/breakfast bar. Finally, the Basement Unit (1 bed/1 bath) delivers a stunning industrial aesthetic with concrete floors, exposed ductwork, a massive full kitchen with an oversized island, and a walkout entrance. Complete with a detached garage for potential extra income, ample off-street parking, and laundry hookups in every unit, this property is truly one-of-a-kind. Opportunities like this simply don't come to market in Broad Ripple-come see the potential today!...
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Home facts
- Year built:1954
- Listing ID #:22075260
- Added:86 day(s) ago
- Updated:May 22, 2026 at 07:23 AM
Rooms and interior
- Basement:Yes
- Basement Description:Basement, Finished Walls, Full, Walk-Out Access
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1954
- Lot area:0.16 Acres
- Architectural Style:Ranch
- Construction Materials:Vinyl With Stone
- Foundation Description:Block
Finances and disclosures
- Price:$300,000
Parking
- Garage:Yes
- Garage spaces:2
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