New Listing

Listing Tools

Investment opportunity, owner-occupant dream, or short-term rental potential in one of Indianapolis' most sought-after locations! Situated just off College Avenue and 54th Street, this classic duplex offers the perfect blend of updated amenities, historic charm, and unbeatable convenience. The 642 side has been fully updated and features a newer HVAC system and water heater providing peace of mind for years to come. Currently leased at $1,725 per month through January, it offers immediate income for investors. The 644 side is vacant and move-in ready, showcasing timeless character with beautiful original hardwood floors and endless possibilities for an owner-occupant or new tenant. Enjoy double covered front porches with separate entrances for each unit, creating privacy and curb appeal, along with private rear parking for added convenience. The roof was replaced in December of 2024 and whether you're looking to house hack, expand your rental portfolio, or live in one unit while generating income from the other, this property checks all the boxes. Located in the heart of Midtown Indianapolis, you're just minutes from Downtown, Broad Ripple, and major northside destinations. Walk to popular restaurants, coffee shops, parks, and neighborhood favorites while enjoying easy access to everything the city has to offer. For investors seeking flexibility, the area's prime location and strong demand make it an attractive option for short-term rentals as well. Opportunities like this in such a desirable location don't come around often!

Property Details of 642 E 54th Street

Property Details

Interior Features

Utilities and Appliances

Community

Listed by Daniel Hubbard of eXp Realty LLC (dhubbard@locksteprealty.com)

Map Location

Driving Directions

 Based on information submitted to MIBOR as of June 6, 2026 6:35 AM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Realty World Harbert Company. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.