Another Duplex investment for your books! This property was once a business and now could be part of your portfolio. Upper unit has 1 BR, 1 Full BA. Main level unit has 1 BR, possibly 2 depending upon where you put the kitchen, 1 Full BA, 2 Half BA. Half basement is accessible from Main Level. The main level needs the kitchen put back in. For anyone looking for a small project and to feel the pride of getting an ROI, this is what you've been waiting to hear about. Mechanicals appear to be updated. Roof appears to be in excellent condition. Excellent visibility off 38th St. Bus line access directly in front. Excellent location for a small office / 1 BR rental upstairs combo or a duplex. Can easily be converted back to a single family home with access from main level. Parking lot behind this building is included - the one off Park Ave. Bring your lipstick! All it needs is cosmetics. Perfect little starter investment property.
Sold
$105,000
545 E 38th St, Indianapolis, IN 46205
2beds
3baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$141,300 Zestimate®
$--/sqft
$1,677 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 16, 2024 at 03:05pm
Listing Provided by:
David Orton davidorton@fmvrei.com,
Fair Market Value Investment Sales
Bought with:
Lisanne Allen
Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 21994479

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Has basement: Yes
Property
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 2,613 sqft
Details
- Parcel number: 490624119062000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Marion Highlands
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Estimated market value
$141,300