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2938 E Michigan Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
2938 E Michigan Street,Indianapolis, IN 46201
$50,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ely berger
Office: the modglin group
MLS#:22095780
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$50,000

About this home

Located at 2938 E Michigan St in Indianapolis, this duplex presents a prime value-add opportunity for investors or experienced rehabbers. The property has sustained fire damage mainly on the right side and is being sold as-is, offering a blank slate for a full renovation. With strong rental demand in the area and proximity to downtown Indianapolis, this property has excellent upside potential once restored. Ideal for a gut rehab, allowing you to redesign and maximize layout, finishes, and rental income. Whether you're looking to fix and flip or build long-term cash flow, this is a fast sale opportunity priced to move. Bring your contractor and vision-this one won't last. Cash or hard money preferred. Quick close available.

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Home facts

  • Year built:1900
  • Subdivision & Development:Ardella Add
  • Listing ID #:22095780
  • Added:195 day(s) ago
  • Updated:October 28, 2026 at 08:22 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1900

Finances and disclosures

  • Price:$50,000
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