# 58 E Southern Avenue, Indianapolis, IN 46225 > **TL;DR:** 1bd/1ba multi-family, $200,000, built 1923. Est. $1,069/mo. Listed 2 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $200,000 | | Bedrooms | 1 | | Bathrooms | 1 full | | Year Built | 1923 | | Lot Size | 9,583 sqft (0.22 acres) | | Stories | 1 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 2 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Property Highlights - Built in 1923 - 0.22 acre lot ## Description ### Agent Description Looking for your next opportunity? Don't miss your chance to add a turnkey duplex to your portfolio or become an owner-occupant and start investing while living in the second unit. Two-unit property featuring similar floor plans with 1 bed, 1 bath, private living space, outdoor porch area, and a basement on each side. Close proximity to downtown, restaurants, shopping and Garfield Park. This charming, two parcel, corner property (one side on 58 E Southern and the other on 2560 S Pennsylvania) has separate utilities, updated vinyl plank flooring (58 Southern), new bathroom tub and sink, updated lighting/ceiling fans and roof approximately 5 years old. Property includes two off street concrete parking spots. The unit on Pennsylvania is currently rented for $1,000 a month with a lease through July 31, 2028. The unit on Southern is currently open to rent between $900 - $1000 a month or the owner could choose to move in. Tenants pay utilities and owners expenses are taxes at $1718 semi-annually and insurance. Room sizes should be confirmed by buyer. Please note, out of respect for privacy of current tenants, photos and showing availability are for 58 E Southern only. ## Location - **Address:** 58 E Southern Avenue, Indianapolis, IN 46225 - **County:** Marion - **Neighborhood:** Shrewburys Worthus Add - **Coordinates:** 39.729948, -86.156714 - **Google Maps:** https://www.google.com/maps?q=39.729948,-86.156714 ## Listing Agent - **Name:** Julie Steele - **Brokerage:** CENTURY 21 Scheetz - **Broker Phone:** (317) 844-5111 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/58-E-Southern-Ave_Indianapolis_IN_46225_M39007-61858?f=listhub&s=MIBORIN&m=22129608&c=propsimple) ## Photos ![58 E Southern Avenue - Photo 1](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f1917775907r.jpg) ![58 E Southern Avenue - Photo 2](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f1683968028r.jpg) ![58 E Southern Avenue - Photo 3](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f1290243943r.jpg) ![58 E Southern Avenue - Photo 4](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f2835710923r.jpg) ![58 E Southern Avenue - Photo 5](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f4053046359r.jpg) ![58 E Southern Avenue - Photo 6](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f1574769531r.jpg) ![58 E Southern Avenue - Photo 7](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f3386630721r.jpg) ![58 E Southern Avenue - Photo 8](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f4276475755r.jpg) ![58 E Southern Avenue - Photo 9](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f2423881786r.jpg) ![58 E Southern Avenue - Photo 10](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f3505483317r.jpg) ![58 E Southern Avenue - Photo 11](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f3212522024r.jpg) ![58 E Southern Avenue - Photo 12](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f4200469757r.jpg) ![58 E Southern Avenue - Photo 13](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f2786884098r.jpg) ![58 E Southern Avenue - Photo 14](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f1333807470r.jpg) ![58 E Southern Avenue - Photo 15](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f613955862r.jpg) ![58 E Southern Avenue - Photo 16](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f851206614r.jpg) ![58 E Southern Avenue - Photo 17](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f3283956305r.jpg) ![58 E Southern Avenue - Photo 18](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f3323208094r.jpg) ![58 E Southern Avenue - Photo 19](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f837470772r.jpg) ![58 E Southern Avenue - Photo 20](http://lh.rdcpix.com/568496ff3cf3b186dce7287f948c45d1l-f3524281420r.jpg) --- **MLS#:** 22129608 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/58-e-southern-avenue-indianapolis-in-46225-2af7d3e1411b4fefa4fe8de06e7046c3) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/58-e-southern-avenue-indianapolis-in-46225-2af7d3e1411b4fefa4fe8de06e7046c3#listing", "url": "https://www.propertysimple.ai/listing/58-e-southern-avenue-indianapolis-in-46225-2af7d3e1411b4fefa4fe8de06e7046c3", "name": "58 E Southern Avenue, Indianapolis, IN 46225", "description": "Looking for your next opportunity? Don't miss your chance to add a turnkey duplex to your portfolio or become an owner-occupant and start investing while living in the second unit. 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