438 Jefferson Avenue, Indianapolis, IN 46201
- $489,900
- $489,900
- $489,900
- $489,900
Description
This fully leased duplex, just minutes from downtown Indianapolis, sits in a lively, up-and-coming neighborhood. Updated in 2023, it offers immediate cash flow and strong income potential, with current rents still under market rates. Each unit has 3 bedrooms, 1.5 baths, a living and dining room, plus a laundry room with included appliances. The unfinished basement adds storage or future upgrade options. Outside, there’s a covered front porch and fenced backyards, each private to its unit-perfect for long-term tenants. Close to downtown, dining, and entertainment, it’s a great pick for investors seeking a solid property with room to grow. Tenants pay all utilities except water, which is covered by the owner. Showings require 48 hours’ notice.
Address
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Address: 438 Jefferson Avenue
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
Details
Updated on February 9, 2026 at 6:36 pm-
Property ID 22082984
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Price $489,900
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Land Area 0.17 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 Active
Additional details
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Roof Shingle
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Cooling Central Air
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Heating Forced Air
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County Marion
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Property Type Residential Income
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Parking Alley Access
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Architectural Style Traditional
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