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4233 E 38th Street, Indianapolis, IN 46218

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
4233 E 38th Street,Indianapolis, IN 46218
$299,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: cathy o'banion
Office: united real estate indpls
MLS#:22116906
Source:IN_MIBOR

Price summary

  • Price:$299,900

About this home

Great Opportunity to own a cash cow! Current rents total $3700 a month. The building was completely remodeled and updated in 2024. All new heat pumps with mini splits - Electric - Plumbing - Insulation - Windows - Roof - the list goes on. New Kitchens and Baths in every unit. Unit A is a 2 bedroom with small kitchen/living room & 1 bath. Unit B is a nice sized 2 bedroom with a decorative fireplace and large eat in kitchen. Unit C is a 2 story 3 bed 2 full bath unit. This unit has its own washer and dryer plus a decorative fireplace. The basement houses the 3 new water heaters & a coin op washer & dryer for unit A & B to use. The owner provides water & sewer.

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Home facts

  • Year built:1958
  • Subdivision & Development:Forest Manor
  • Listing ID #:22116906
  • Added:15 day(s) ago
  • Updated:August 13, 2026 at 10:28 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Partial, Tri Level, Under, Unfinished

Heating and cooling

  • Cooling:Central Electric, Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1958
  • Lot area:0.28 Acres
  • Construction Materials:Brick
  • Exterior Features:Lighting
  • Foundation Description:Block

Schools

  • High school:Arsenal Technical High School
  • Elementary school:Arlington Woods School 99

Finances and disclosures

  • Price:$299,900

Parking

  • Garage:Yes
  • Garage spaces:2
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