617-619 N Riley Ave

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Baths
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Description

Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements (see attached list); with additional updates, could see immediate upside and nearly double this rental...Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements (see attached list); with additional updates, could see immediate upside and nearly double this rental income. Easy to maintain vinyl siding with brick (wood details!). Conveniently located near shopping, grocery stores, restaurants, and Ellenberger Park. Property is sold as-is.
  1. Listed by Lauren Hewitt • F.C. Tucker Company
    P: (317)-846-7751 lauren.hewitt@talktotucker.com

Property Details for 617-619 North Riley Avenue

Subdivision Name
Emerson Heights
Township
Center
Waterfront
No
LISTING UPDATED: 06/26/2026 06:21 PM

Property Details for 617-619 North Riley Avenue

StatusActive
MLS #22109986
Days on Market6
Taxes$1,684 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Location

Listing Courtesy of F.C. Tucker Company
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Building Information for 617-619 North Riley Avenue

Stories-Residences2Year Built1925Building Size-Lot Size0.14 AC / 6,098 SF

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$1,177 per month

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Principal and Interest

$896

Property Taxes

$281

HOA Dues

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Property Information for 617-619 North Riley Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 2921
  • Road Access: Access Rd
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 491004133013000101
  • Semi Annual Property Tax Amt: 1684
  • Tax Year: 2024
  • TaxLot: 21
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Insurance
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 6186.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1925
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: Emerson Hgts Sec 1 L21 B2
  • Photos Count: 40
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Building Utilities: Separate Gas Meter,Separate Sewer Meter,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding, Wood Siding
  • Exterior Features: Gutter Guards, Storage Shed
  • Foundation Details: Block, Crawl Space
  • Roof: Asphalt, Shingle
  • Fencing: Chain Link, Partial
Interior Features
  • Basement YN: Yes
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Additional Equipment: Dehumidifier
  • Laundry Features: Connections All, In Basement
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 2 Car Space, Paved Area
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,250.00
Unit 1
  • Unit Kitchen: 94
  • Unit Levels: 2
  • Unit Miscellaneous: Disposal,Fireplace,Lndry Conn,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 94
  • Unit Levels: 2
  • Unit Miscellaneous: Disposal,Fireplace,Lndry Conn,Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Gas
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Lawncare, Sewer, Trash Collection, Water

Property History for 617-619 North Riley Avenue

DateEvent & SourcePriceAppreciation
Jun 26, 2026

Listed (Active)

MIBORMLS #22109986

$179,900—
DateEvent & SourcePrice
06/26/2026

Listed (Active)

MIBORMLS #22109986

$179,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 617-619 North Riley Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 5
Public - PK to 5
Rating
School
Distance
George W. Julian School 57
PublicPK to 5

Christian Park School 82
PublicPK to 5

William McKinley School 39
PublicPK to 5

Ralph Waldo Emerson School 58
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

617-619 North Riley Avenue is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on June 26, 2026 by F.C. Tucker Company, it's currently listed at $179,900. This listing's school district is Indianapolis Public Schools. Nearby schools include George W. Julian School 57, Christian Park School 82 and William McKinley School 39. 617-619 North Riley Avenue is a 0-bed, 0-bath, multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker Company

Based on information submitted to the MLS GRID as of 06/26/2026 06:21 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.