Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Stiles
Property view
Listing view 2
Listing view 3

3041 S Kercheval Drive, 
Indianapolis, IN 46239

$419,900


Bed


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Nathaniel Wozniak

Berkshire Hathaway Home

317-881-7900

Last updated:

May 13, 2026, 07:23 AM

MLS#

22090607

Source:

IN MIBOR

About This Home

3041 S Kercheval Drive

Income-producing opportunity with newer built units (2023-2024) and separation ideal for house hacking or multiple-occupancy living. This expanded property offers multiple independent living areas across approx. 3,325 sqft, creating a flexible setup for owner-occupants or small-scale investors seeking to offset housing costs or generate rental income. The main residence (approx. 1,624 sqft) includes 4 bedrooms and 2 full bathrooms, featuring an updated kitchen with granite countertops, stainless steel appliances, and refreshed cabinetry. A private primary suite with en-suite bath and walk-in closet adds to its rental or owner-occupant appeal. Major components including roof, flooring, windows, and mechanicals have been updated, reducing near-term capital expenditure risk. A separately accessible secondary living space (Built 2023-2024 - approx. 1,701 sqft) is configured for independent use, complete with a full kitchen, dedicated laundry, loft, and private entrance. This layout supports strong rental potential for long-term tenants, extended-stay occupants, or multi-tenant configurations. Comparable updated units in the area have achieved rents of approximately $1,300+/month (buyer to verify), with additional upside supported by the size, condition, and dual-living configuration of the property. The property sits on three parcels totaling nearly half an acre, offering additional flexibility for future use, expansion, or resale (buyer to verify). A detached flex/studio structure with electric and climate control provides added utility for workspace, storage, or supplemental income strategies. Additional features include ample parking, fenced yard, durable HardiePlank siding, well water with reverse osmosis systems, and multiple HVAC setups including newer units. Zoned D-5, allowing for a range of residential use scenarios. A strong fit for buyers seeking house hacking, multi-unit functionality, or a live-in investment with income potential and long-term upside.

Home Facts

Multi-Family

Built in 1954

Price Summary

419,900

MLS #:

22090607

Last Updated:

May 13, 2026, 07:23 AM

Added:

1 month(s) ago


Structure

Structure

Architectural Style:

Craftsman, Ranch

Year Built:

1954


Lot

Lot Size (Sq. Ft):

17,859


Finances & Disclosures

Finances

Price:

$419,900

Source:IN MIBOR
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.