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Indianapolis, IN, 46228 • Snacks-Guion Creek • Marion County
5Beds
2Baths
0.52 acLot
1957Built
Ranch Style
Built 1957 · 69 years of history
Town & Country Estates
Snacks-Guion Creek
This home is in high demand
Listed 282 days ago · 30 views · 1 saves · Top 9% likely to sell soon
Demand and pricing signals for this listing
30 views
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1 saves
Buyers have saved this home
282 days on market
Established listing
This home ranks in the top 9% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1957
Excellent Investment Opportunity in Washington Township - Duplex on Spacious Corner Lot Located in a highly convenient area of Indianapolis, this duplex presents a fantastic investment opportunity. Situated on a generous half-acre corner lot, the property includes two separately metered units with private entrances: 3312 W 58th St and 5807 Downing Dr. The larger unit at 3312 W 58th St offers 3 bedrooms, 1 bathroom, a 2-car garage, and a fenced backyard-ideal for families or long-term tenants. The smaller unit at 5807 Downing Dr features 2 bedrooms, 1 bathroom, a private driveway, and a side yard. Both units are currently leased to reliable, long-term tenants on month-to-month agreements. Rents are currently below market value-$900 for 3312 W 58th St and $500 for 5807 Downing Dr-leaving plenty of room for upside with modest cosmetic updates. Whether you're expanding your rental portfolio or seeking a flexible, income-producing property, this is a smart addition in a sought-after location. Minimum 24-hour notice required for all showings; subject to tenant approval and availability.
Standout features identified
Our analysis highlights fenced backyard, corner lot, and generous half-acre corner lot as key attractions of this home.
Based on current rates
Est. 6.26% rate · 30yr fixed · $222,526 loan
Full calculator →Key facts and listing details
5 categories of property features
Market data and value estimates
3 schools rated nearby
Indianapolis, IN, 46228
14 events
22 years of records
Local context around this listing
Indianapolis, IN • Marion County
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Based on information submitted to the MLS GRID as of 2026-04-09 05:42:53 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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