5021 Orion Avenue

Indianapolis, IN 46201

Discover a rare investment opportunity just minutes from downtown Indianapolis at 5021 Orion Avenue. Perfectly positioned near the Christian Park and historic Irvington corridor, this updated duplex blends convenience and flexibility in one desirable package. Located less than 15 minutes from Monument Circle and just steps from the bus line, this property offers convenient urban access and convenience whether you're a seasoned investor or a first-time homebuyer looking to house hack. Each side of this duplex features two bedrooms and one full bath, with bright, spacious living areas, modern kitchens, and updated finishes throughout. The floorplans are nearly identical, offering efficient use of space and a comfortable flow from room to room. Both units have been thoughtfully improved with newer flooring, refreshed kitchens and bathrooms, and updated electrical and plumbing systems for peace of mind and reduced maintenance costs. The fenced yard provides private outdoor space-perfect for tenants, pets, or anyone who enjoys a little green space near the city. The left side of the property is currently tenant-occupied, providing immediate rental income for the next owner. Tenant rights apply, while the right side is vacant and ready for occupancy. This makes the property ideal for anyone looking to live in one unit while renting out the other, or for investors seeking a fully leased duplex with strong long-term potential. Turnkey duplexes like this are rare in this area, especially those that have already been updated and are ready to generate income from day one. Whether you're building your portfolio or searching for a smart first home that helps pay for itself, 5021 Orion Avenue offers both immediate value and long-term upside. Updated, well-located multi-family properties near the city center are becoming increasingly hard to find and this one stands out as a truly turnkey opportunity.

Listing courtesy of Highgarden Real Estate (317) 508-9823



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Based on information submitted to the MLS GRID as of 2026-01-08 10:29 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.

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