5430 Rockville Rd, Indianapolis, IN 46224 | SFR + ADU + Basement House-Hack Opportunity

5430 Rockville Rd

Large-lot SFR with detached ADU, basement expansion potential, and multi-unit house-hack upside

SFR + ADU + Basement

5430 Rockville Rd, Indianapolis, IN 46224

House-hack / multi-unit conversion potential on a spacious lot
3-4 Beds / 2 Baths | ADU Potential | Basement Potential | 27,443 Sqft Corner Lot

Property Overview

A flexible Indianapolis house-hack opportunity with an existing main house, detached ADU/garage structure, unfinished basement, and large backyard.

Main House + ADU + Basement Upside

5430 Rockville Rd is a vacant single-family residence with detached ADU / garage / shed structures and basement apartment potential. The setup may support 2-3 rental spaces through the main house, ADU conversion, and basement unit with separate exterior access. The property needs light rehab and cosmetic updates, but the overall structure, large lot, mature trees, and existing detached utilities create a strong value-add path.

Quick Numbers Recap

Income potential based on main house, ADU, basement apartment, and room-renting scenarios.

Main House Rent $2,200-$2,800/mo
ADU Potential $1,000-$1,500/mo
Basement Potential $800-$1,200/mo
Total Rent Potential $4,000-$6,000+/mo
Annual Gross $48k-$72k+
NOI Potential $33.6k-$46.8k+
RBR Income $3.5k-$5.5k+
Lite Rehab $25k-$45k

Property Photos

Main house, ADU, side profile, back exterior, kitchen, and stair photos for quick review.

Front exterior of 5430 Rockville Rd Front Exterior
Front exterior alternate view Front Exterior
ADU exterior ADU Exterior
Back exterior Back Exterior
Kitchen Kitchen
Stairs photo 1 Stairs
Stairs photo 2 Stairs
Stairs photo 3 Stairs

Map View

Address-focused map view styled like the location panels buyers expect on listing sites.

Features & Upside

The deal combines a flexible physical layout, rental demand, and multiple ways to increase income after stabilization.

Detached ADU Potential

Detached ADU / garage / shed area has electric and water already ran, supporting a potential 2 bed / 1 bath conversion.

Basement Apartment Path

Full unfinished basement with exterior access, high ceilings, utilities, and workshop space is positioned for future apartment buildout.

House-Hack Friendly

Live in one space and rent the others, or operate the main house, ADU, and basement as separate income streams.

Light Rehab Scope

Paint, LVP flooring, trim, lighting, kitchen/bath refreshes, deck repairs, curb appeal, and mechanical checks are the core scope items.

RBR Potential

Main house, basement, and ADU may support 6-8+ room-rent layout with estimated income of $3,500-$5,500+ per month.

Utility Bill-Back

Separate metering may be possible, with added income opportunities through laundry, parking, storage, or utility reimbursement.

Interested In Rockville Rd?

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