Indianapolis, IN 46201,5021 Orion AVE
Indianapolis, IN 46201,5021 Orion AVE
Indianapolis, IN 46201,5021 Orion AVE
18
See all 18 photos
Listed by Clay Burris • Highgarden Real Estate
$240,000
Est. payment /mo
Save
3,049 Sqft Lot
Pending

5021 Orion AVE Indianapolis, IN 46201

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
Chris Schulhof

Chris Schulhof

+1(317) 506-7368

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision Latonia Park

MLS Listing ID 22072167

Year Built 1920

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Duplex

Property Description

Discover a rare investment opportunity just minutes from downtown Indianapolis at 5021 Orion Avenue. Perfectly positioned near the Christian Park and historic Irvington corridor, this updated duplex blends convenience and flexibility in one desirable package. Located less than 15 minutes from Monument Circle and just steps from the bus line, this property offers convenient urban access and convenience whether you're a seasoned investor or a first-time homebuyer looking to house hack. Each side of this duplex features two bedrooms and one full bath, with bright, spacious living areas, modern kitchens, and updated finishes throughout. The floorplans are nearly identical, offering efficient use of space and a comfortable flow from room to room. Both units have been thoughtfully improved with newer flooring, refreshed kitchens and bathrooms, and updated electrical and plumbing systems for peace of mind and reduced maintenance costs. The fenced yard provides private outdoor space-perfect for tenants, pets, or anyone who enjoys a little green space near the city. The left side of the property is currently tenant-occupied, providing immediate rental income for the next owner. Tenant rights apply, while the right side is vacant and ready for occupancy. This makes the property ideal for anyone looking to live in one unit while renting out the other, or for investors seeking a fully leased duplex with strong long-term potential. Turnkey duplexes like this are rare in this area, especially those that have already been updated and are ready to generate income from day one. Whether you're building your portfolio or searching for a smart first home that helps pay for itself, 5021 Orion Avenue offers both immediate value and long-term upside. Updated, well-located multi-family properties near the city center are becoming increasingly hard to find and this one stands out as a truly turnkey opportunity.

Location

State IN

County Marion

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Building

Story Two

Foundation Block

Architectural Style Other

Structure Type Block

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 5

    Indpls Lighthouse Charter School

    Public | KG - 12

  • 5

    Irvington Community School

    Public | KG - 12

  • 5

    Lowell Elementary School

    Public | KG - 4

  • 4

    Frederick Douglass School 19

    Public | PK - 8

  • 4

    Central Elementary School

    Public | 2 - 3

  • 3

    Christian Park School 82

    Public | KG - 6

  • 3

    George W Julian School 57

    Public | KG - 6

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 2

    Anna Brochhausen School 88

    Public | PK - 6

  • 1

    Brookside School 54

    Public | KG - 6

  • 1

    James Russell Lowell School 51

    Public | PK - 6

  • 1

    Ralph Waldo Emerson School 58

    Public | KG - 6

  • 1

    Paul I Miller School 114

    Public | PK - 6

  • 0

    Central Christian Academy

    Private | PK - 12

  • 0

    Trinity Christian School

    Private | PK - 12

  • 0

    St Philip Neri School

    Private | PK - 8

  • 0

    In Math & Science Academy - South

    Public | KG - 7

  • 0

    Neighborhood Academy

    Private | PK - 11

  • 0

    Holy Name of Jesus Catholic School

    Private | PK - 8

Middle Schools 2
  • 4

    Beech Grove Middle School

    Public | 7 - 8

  • 0

    Thomas Carr Howe Community High School

    Public | 7 - 12

High Schools 1
  • 0

    Scecina Memorial High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Chris Schulhof

Chris Schulhof

Broker | License ID: RB14031306

+1(317) 506-7368

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of RE/MAX Realty Services, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5021 Orion AVE