631 Terrace Avenue, Indianapolis, IN 46203
- $197,500
- $210,000
- $197,500
- $210,000
Description
It’s your lucky day! Buyer financing fell through so we’re back on the market. Be part of the exciting revival of the Old Southside, Bates-Hendricks, and South Park neighborhoods. This early 20th-century duplex offers a unique opportunity for investors or visionary homeowners. With over 2,600 total square feet (m/l), the property is ready for renovation-restore it to its original single-family layout or update both units for solid rental income. The main level features 3 bedrooms and 2 full bathrooms, while the upper unit includes 1 bedroom and 1 full bathroom, accessible via a separate entrance. Whether you’re looking to house hack, invest, or fully restore, there’s plenty of space and potential to bring your vision to life. Explore the possibilities in one of Indy’s most rapidly evolving areas, just minutes from downtown, restaurants, entertainment, and public transit. All appliances in the home stay.
Address
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Address: 631 Terrace Avenue
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46203
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Area: South Park
Details
Updated on January 21, 2026 at 10:02 pm-
Property ID 22039038
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Price $197,500
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Land Area 0.08 Acres
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Garage Size x x
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Year Built 1902
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Property Type Duplex, Residential Income
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Property Status Closed
Additional details
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Cooling None
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Heating None
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County Marion
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Property Type Residential Income
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Parking Concrete
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Architectural Style Traditional
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