55 N Kealing Avenue

Indianapolis, IN 46201

Fully remodeled duplex offering flexibility and strong investment potential! This unique property is classified as two separate condos, allowing the option to sell units individually or hold as a full duplex for rental income. Each side features an identical floor plan with 3 bedrooms and 1 full bath, updated with modern finishes while maintaining classic character. Bright living and dining spaces provide an open feel with updated flooring, neutral paint, and great natural light. Kitchens are clean and functional with updated cabinetry and fixtures, making both units move-in ready. Perfect opportunity for owner-occupants-live in one unit and rent out the other to offset your mortgage-or for investors seeking a turnkey addition to their portfolio. One side is currently rented for $1600, offering immediate income (tenant rights apply). Whether you're looking to generate cash flow, build equity, or take advantage of the ability to sell units separately in the future, this property offers multiple paths to value. A rare find combining flexibility, updates, and income potential!

Listing courtesy of Epique Inc (317) 445-0910



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-03-27 01:17 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.