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Property view

38 N Elder Avenue, 
Indianapolis, IN 46222

$260,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Stephen Flanagan

Bought with F.C. Tucker Company

R. P. Lux Company

317-635-3333

MLS#

22027751

Source:

IN MIBOR

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About This Home

38 N Elder Avenue

Charming Duplex with Airbnb Income Near Downtown Indy Located just minutes from downtown Indianapolis and Indianola Park, this well-maintained duplex on North Elder Avenue is a standout investment opportunity. Both 2-bedroom, 1-bathroom units are currently rented as successful Airbnb listings, providing steady short-term rental income. Each 810 sq. ft. unit features an inviting front porch, classic vinyl siding, and a landscaped yard. Inside, enjoy an open-concept layout with abundant natural light, laminate flooring, a functional kitchen, dedicated dining area, and spacious bedrooms with ample closet space. Unit 1 includes access to a partial basement, while Unit 2 is equipped with its own washer and dryer. Efficient heating and cooling systems ensure year-round comfort. An excellent opportunity in a convenient location-schedule your showing today!

Home Facts

Multi-Family

Built in 1890

Price Summary

260,000

MLS #:

22027751

Sold:

May 23, 2025


Structure

Structure

Architectural Style:

TraditonalAmerican

Year Built:

1890


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$260,000

Source:IN MIBOR
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