# 5724 Julian Avenue, Indianapolis, IN 46219

> **TL;DR:** multi-family, $1,000,000, built 1948.
> Basement. Est. $4,333/mo. Listed 106 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,000,000 |
| Year Built | 1948 |
| Lot Size | 11,761 sqft (0.27 acres) |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 106 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1948
- 0.27 acre lot

## Description

### Agent Description
Unbeatable investment opportunity to own a 6-unit building in the prime of the historic Irvington district. Perfectly positioned on a quiet residential street just 1.5 blocks from Irvington's vibrant center, this property is close to popular restaurants, cafes, and local shopping. Each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms. Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals. Preference is to sell this 6-plex as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues.

## Location

- **Address:** 5724 Julian Avenue, Indianapolis, IN 46219
- **County:** Marion
- **Neighborhood:** Irvington
- **Coordinates:** 39.769197, -86.069562
- **Google Maps:** https://www.google.com/maps?q=39.769197,-86.069562

## Listing Agent

- **Name:** Lisa Phillips
- **Brokerage:** Compass Indiana, LLC
- **Phone:** 3172199277
- **Email:** lisa.phillips@compass.com

## Primary Photo

![5724 Julian Avenue - Primary Photo](http://lh.rdcpix.com/75a35e560fee466e27c7e2431a9911a2l-f3411361148r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/5724-julian-avenue-indianapolis-in-46219-22077777)*

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**MLS#:** 22077777 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. 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.com/listing/5724-julian-avenue-indianapolis-in-46219-22077777)

---

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