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415 W 39th Street, Indianapolis, IN 46208

Local realty services provided by:CENTURY 21 Scheetz
415 W 39th Street,Indianapolis, IN 46208
$197,500
  • 4 Beds
  • 2 Baths
  • 1,681 sq. ft.
  • Single family
  • Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:22068832
Source:IN_MIBOR

Price summary

  • Price:$197,500
  • Price per sq. ft.:$89.65

About this home

Investor special near downtown Indy! This charming 4-bedroom, 2-bath home is perfectly positioned for strong rental income potential. Located just minutes from Butler University, IUPUI, and some of Indiana's top medical centers including IU Health Methodist, Eskenazi Health, and Riley Hospital for Children, this property is ideal for student housing, group rentals, or traveling healthcare professionals. With 1,681 sq ft of finished living space across two levels and a full, 600 sq ft unfinished basement, this home offers immediate cash flow opportunity with long-term value-add potential. The main level features a primary bedroom with full bath, a spacious living room, formal dining area, and eat-in kitchen-perfect for shared living. Upstairs, three generously sized bedrooms share a full bath, offering flexible space for tenants or guests. Originally built in 1907, this Traditional American-style home still boasts its original charm while providing the bones and layout modern

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Home facts

  • Year built:1907
  • Listing ID #:22068832
  • Added:100 day(s) ago
  • Updated:January 30, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,681 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1907
  • Building area:1,681 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$197,500
  • Price per sq. ft.:$89.65
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