USAINIndianapolisNo Subdivision5023 S Walcott St
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$199,000

For Sale

3 days ago

5023 S Walcott St, Indianapolis, IN

House

MLS® 22128100

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 3
Lot Size 0.67 Acres
Approx. Age 1969
MLS® Number 22128100

Property Address: 5023 S Walcott St, Indianapolis, IN, 46227-4611

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors! 5023 S Walcott St is a well-maintained, all-brick side-by-side duplex in the quiet Edgewood neighborhood on Indianapolis' south side, within the highly rated Perry Township school system. Both mirror-image units offer 2 bedrooms, 1 bath, and 879 sq ft, with spacious living rooms, eat-in kitchens, laundry rooms, central heat and AC, covered front porches, long concrete driveways, and private backyard storage sheds. Both units are tenant occupied at $1, 050/mo each, generating $2, 100/mo in gross rent and exceeding the coveted 1% rule! Leases run through 2027 (3/31 & 5/14), utilities are separately metered and tenant-paid, and tenants are also responsible for lawn care, helping keep landlord expenses low. The property sits on a deep, flat .67-acre lot with a peaceful backyard, mature trees, nature views, and a communal fire pit. City water, septic, and no HOA. Roof is estimated at approximately 12 years old and HVAC systems at 14 years old, with everything currently operating properly and well maintained. Conveniently located within 10 minutes of Roncalli High School, UIndy, and shopping/dining along US 31 and Madison Ave, and about 15 minutes from Downtown Indy. No seller/creative financing, no wholesalers. Straight sale only.
MLS® Number22128100
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 6, 2026List Date
$199,000List Price
Apr 2, 2025End Date
$1,050Sold Price

Leased

Mar 26, 2025List Date
$1,050List Price
  • Commute

Commute

Starting Address
Destination Address
5023 S Walcott St, Indianapolis, IN

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