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505 W 40th Street, 
Indianapolis, IN 46208

$250,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Chris Price

Keller Williams Indy Metro S

317-271-5959

Last updated:

April 27, 2025, 12:36 AM

MLS#

22032052

Source:

IN MIBOR

About This Home

505 W 40th Street

Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking. Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra large Primary Bedroom. 3 Bedroom/1 Bathroom and 2 Bedroom/1.5 Bathrooms on each side. Ability to finish off full basement space. Original woodwork, ornate brick fire places on each side, clawfoot tubs, raised ceilings and tons of Old World charm. Could be a great house hack to live in one side and pay the mortgage on the other; or an amazing long-term buy and hold. This is a must see!

Home Facts

Multi-Family

Built in 1915

Price Summary

250,000

MLS #:

22032052

Last Updated:

April 27, 2025, 12:36 AM

Added:

6 day(s) ago


Structure

Structure

Year Built:

1915


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$250,000

Source:IN MIBOR
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