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5159 East 16th Street, Unit E16 offers a strong mix of value, convenience, and comfort, with a 7.5 Zumper expert rating, standout location, and a 100th-percentile value per square foot. Notable touches include washer and dryer hookups, abundant storage and prep space, a recently updated bathroom, a spacious layout, a generous dining area, and a covered front porch.
Things you’ll love
More space| 5159 East 16th Street, Unit E16 | 2 bed | 1 bath | 1,848 sqft | $1,195 /mo | Welcome to this charming all-brick craftsman duplex, perfectly positioned in the vibrant heart of Indianapolis, near the enchanting Historic Irvington and Little Flower communities. Spanning an impressive 1,848 square feet, this completely move-in ready home features two spacious bedrooms and a meticulously updated bathroom. As you step inside, you're greeted by a warm, inviting ambiance enhanced by fresh paint throughout. The separated entrances offer privacy, while the delightful covered front porch beckons for relaxation. Inside, the airy living room flows seamlessly into a generous dining area, making it an ideal space for gatherings. The functional kitchen, with ample storage and preparation space, awaits your culinary creativity. The property boasts convenient washer and dryer hookups in the basement, along with a dedicated one-car garage for ease of access. Located less than five miles from Downtown Indy and close to Community East Hospital, this residence blends comfort and accessibility, making it an outstanding find in a lovely neighborhood filled with charm and character. |
Let's explore this property.
One-time.
One-time. Refundable.
| Year built | 1948 |
|---|---|
| Lease terms | 12+ months |
Welcome to this charming all-brick craftsman duplex, perfectly positioned in the vibrant heart of Indianapolis, near the enchanting Historic Irvington and Little Flower communities. Spanning an impressive 1,848 square feet, this completely move-in ready home features two spacious bedrooms and a meticulously updated bathroom. As you step inside, you're greeted by a warm, inviting ambiance enhanced by fresh paint throughout. The separated entrances offer privacy, while the delightful covered front porch beckons for relaxation. Inside, the airy living room flows seamlessly into a generous dining area, making it an ideal space for gatherings. The functional kitchen, with ample storage and preparation space, awaits your culinary creativity. The property boasts convenient washer and dryer hookups in the basement, along with a dedicated one-car garage for ease of access. Located less than five miles from Downtown Indy and close to Community East Hospital, this residence blends comfort and accessibility, making it an outstanding find in a lovely neighborhood filled with charm and character.
How 5159 East 16th Street, Unit E16 compares to other nearby properties.
Positives
2-bedroom apartments at 5159 East 16th Street, Unit E16 cost about 18% more than the average rent price for 2-bedroom apartments in Eastside.
| Month | Median Rent |
|---|---|
| August 2024 | $1,127 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,080 |
| November 2025 | $1,046 |
| December 2025 | $1,048 |
| January 2026 | $1,017 |
| February 2026 | $1,022 |
| March 2026 | $1,011 |
| April 2026 | $1,017 |
| May 2026 | $1,007 |
| June 2026 | $1,016 |
| July 2026 | $1,064 |
| Month | Median Rent |
|---|---|
| August 2024 | $734 |
| September 2024 | $672 |
| October 2024 | $500 |
| November 2024 | $506 |
| December 2024 | $655 |
| January 2025 | $374 |
| June 2025 | $705 |
| July 2025 | $687 |
| August 2025 | $905 |
| September 2025 | $905 |
| October 2025 | $836 |
| November 2025 | $797 |
| December 2025 | $901 |
| January 2026 | $900 |
| February 2026 | $935 |
| March 2026 | $965 |
| April 2026 | $975 |
| May 2026 | $905 |
| June 2026 | $905 |
Can I afford to live at 5159 E 16th St #E16?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$47,800/yr
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Eastside | Indianapolis, IN
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I65-South Emerson • 6810 Valley Ridge Dr
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Castleton • 8210 Lakeshore Trail East Dr
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$1,146–$1,568
Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
1–2 Beds
$1,474–$2,120
St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,009–$1,450
South Perry • 1834 Madison Village Dr
1–3 Beds
$830–$1,578
Speedway • 2202 Fair Oaks Dr
1–2 Beds
$849–$1,904
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,028–$4,289
Castleton • 8210 Lakeshore Trail East Dr
1–2 Beds
$1,146–$1,568
