• Property Type
  • Duplex, Residential Income
  • Sqft
  • Area Size
438 Jefferson Avenue, Indianapolis, IN 46201
  • $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: 438 Jefferson Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on February 9, 2026 at 6:36 pm
  • Property ID 22082984
  • Price $489,900
  • Land Area 0.17 Acres
  • Garage Size x x
  • Year Built 1902
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • Roof Shingle
  • Cooling Central Air
  • Heating Forced Air
  • County Marion
  • Property Type Residential Income
  • Parking Alley Access
  • Architectural Style Traditional

Mortgage Calculator

Contact Information

View Listings
Preeti Chaggar

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare