5939 E 24th St
Indianapolis, IN 46218
Eastside- 4 Beds
- 2 Baths
4 Beds
2 Baths
Local Information
-- mins to
Description
Turn-key duplex investment opportunity at 5939 E. 24th Street offering immediate income potential with projected Section 8 rents of approximately $1,200 per side ($2,400/month total potential income). This vacant multifamily property features two spacious units, each offering 2 bedrooms and 1 full bath with functional layouts and low-maintenance living. Recent upgrades include new roof. Perfect for investors or owner-occupants looking to house hack, this move-in-ready duplex allows flexibility to place tenants at market rent or occupy one side while generating income from the other. A great opportunity to add a cash-flowing asset to your portfolio.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
20 days ago
Home Details for 5939 E 24th St
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MLS Status: Pending |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Appliances & Utilities Laundry: Other |
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Parking & Garage Other Parking: Unit Parking(On Street) |
Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 10Days on Market: 20 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Duplex |
Building Building: OtherConstruction Materials: Wood With StoneNot a New Construction |
Property Information Parcel Number: 490727101029000701 |
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Price List Price: $159,900 |
Status Change & Dates Off Market Date: Sun Jun 28 2026Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: W Arlington |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22108805 |
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Lot Area: 9583.2 sqft |
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Mls Number: 22108805 |
Last check for updates: about 4 hours ago
Listing Provided by: Hayley Wild, (317) 405-7915
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22108805

Also Listed on MIBOR as distributed by MLS GRID.
Market trends in Indianapolis
Last updated June 2026
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
Price History for 5939 E 24th St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/29/2026 | $159,900 | Pending | MIBOR as distributed by MLS GRID #22108805 |
| 06/21/2026 | $159,900 | Listed For Sale | MIBOR as distributed by MLS GRID #22108805 |
| 08/02/2023 | $40,000 | Sold | N/A |
| 08/14/2006 | $40,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,544 |
| Assessment | $118,200 |
Home facts updated by county records
Comparable Sales for 5939 E 24th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $145,000 | 07/07/26 | 4 | 2 | - | |
0.06 | Multi-Family Home | $219,900 | 03/25/26 | 4 | 2 | - | |
0.49 | Multi-Family Home | $37,000 | 05/07/26 | 2 | 2 | - | |
0.45 | Multi-Family Home | $166,000 | 07/15/25 | 4 | 2 | - | |
0.38 | Multi-Family Home | $145,000 | 06/10/26 | 4 | 2 | - | |
0.46 | Multi-Family Home | $115,000 | 10/14/25 | 5 | 2 | - | |
0.42 | Multi-Family Home | $161,000 | 03/27/26 | 4 | 2 | - | |
0.31 | Multi-Family Home | $170,000 | 10/22/25 | 4 | 2 | - | |
0.53 | Multi-Family Home | $155,000 | 02/09/26 | 4 | 2 | - | |
0.54 | Multi-Family Home | $148,000 | 12/22/25 | 2 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5939 E 24th St.
What Locals Say about Eastside
At least 58 Trulia users voted on each feature.
92 % Say car is needed
82 % Say yards are well-kept
81 % Say parking is easy
76 % Say it's dog friendly
75 % Say there's holiday spirit
72 % Say kids play outside
57 % Say there are sidewalks
52 % Say they plan to stay for at least 5 years
46 % Say neighbors are friendly
45 % Say it's walkable to restaurants
42 % Say streets are well-lit
41 % Say there's wildlife
40 % Say it's quiet
36 % Say people would walk alone at night
34 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Hayley Wild, Compass Indiana, LLC
Agent Phone: (317) 405-7915

Based on information submitted to the MLS GRID as of 2026-07-11 20:08:00 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
5939 E 24th St, Indianapolis, IN 46218 is a 4 bedroom, 2 bathroom multi-family built in 1951. 5939 E 24th St is located in Eastside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 21, 2026. The MLS # for this home is MLS# 22108805.

