515 Sutherland AVE, Indianapolis, IN 46205
515 Sutherland AVE, Indianapolis, IN 46205
515 Sutherland AVE, Indianapolis, IN 46205
515 Sutherland AVE, Indianapolis, IN 46205
515 Sutherland AVE, Indianapolis, IN 46205
515 Sutherland AVE, Indianapolis, IN 46205
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Rick Daves

Rick Daves

+1(317) 614-5484
Listed by Dawn McClara • F.C. Tucker Company
$ 417,000
Est. payment | /mo

3,484 Sqft Lot

Save
$ 417,000
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Wrights Park Ave

MLS Listing ID 22124636

Year Built 1900

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Property Description

Live in one side and let the other help pay the mortgage! This updated duplex offers a fantastic opportunity for an owner-occupant looking to house hack or an investor seeking a versatile addition to their portfolio. Each unit features 2 bedrooms, 1.5 baths, plus finished third-floor attic space offering valuable flexibility as a bonus room, home office, dressing area, hobby space, or additional storage. Both units have benefited from numerous updates and improvements. The 515 side features renovated bathrooms, updated kitchen finishes including granite and butcher block countertops, updated plumbing and light fixtures, newer carpeting, a repaired rear porch, replacement dishwasher and recently replaced washing machine. A portion of the exterior sewer line serving the property was also replaced approximately two years ago. The 517 side has been freshly painted throughout and features new granite kitchen countertops, an updated upstairs bathroom, updated plumbing and light fixtures, newer carpeting throughout the stairways and third floor, a newer refrigerator, and recently replaced washer and dryer. The rear deck has also received additional repairs and fresh paint. With two spacious units, flexible finished attic areas, separate living spaces, and extensive updates already completed, this property offers options for a variety of buyers. Live in one unit while generating rental income from the other, rent both units for investment income, or create a multigenerational living arrangement while maintaining separate spaces.Conveniently located with access to everything Indianapolis has to offer, 515-517 Sutherland is ready for its next chapter. Home is on Indiana Historic Landmark Registry (see attached covenant).

Location

State IN

County Marion

Interior

Heating Forced Air

Cooling Separate Meters

Fireplace N

Exterior

Roof Type Shingle

Building

Story Three Or More

Foundation Brick

Architectural Style Craftsman, Traditional

Structure Type Wood Siding

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 Locations

Rick Daves

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 614-5484

rick@bluprintrealestategroup.com

6357 W US Highway 52 New Palestine, IN 46143, New Palestine, IN 46163, USA

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515 Sutherland AVE