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

3408 Winthrop Avenue, 
Indianapolis, IN 46205

$365,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Morgan Thompson

Bought with My Agent

Just Liv, LLC.

317-548-2145

MLS#

21985563

Source:

IN MIBOR

Sorry, we are unable to map this address

About This Home

3408 Winthrop Avenue

This is the inventory you've been looking for! Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood, this property features upgrades, including a new roof, new windows, and new LVP flooring throughout. Modernized appliances, HVAC systems, plumbing, and electrical work as well. The property features 3 kitchens, 4 total bathrooms, and 5 "bedrooms" catering to the needs of multiple uses. There is ample parking space for a large number of occupants as well. The main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer. Additionally, a versatile studio or guest/office space is located at the back of the property, complete with a private entrance, in-suite kitchen, and full bathroom, perfect for visitors, tenants, or a small business. The expansive upstairs area includes one bedroom, one bathroom, and a dedicated office/flex space. This property is not only a fantastic investment, but also a perfect solution for those looking to offset their mortgage with rental income. The property is on 3 separate electric meters and 1 water meter. The anticipated target rent is approx $1,800, $1,100, & $800 = $3,700. The property is fully vacant and being sold in AS IS condition.

Home Facts

Multi-Family

Built in 1955

Price Summary

385,000

MLS #:

21985563

Sold:

July 24, 2024


Structure

Structure

Year Built:

1955


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$385,000

Source:IN MIBOR
The information being provided by Metropolitan Indianapolis Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Metropolitan Indianapolis Board of Realtors All rights reserved.