Description

This striking Modern Craftsman dual-residence property at 2036 & 2038 Ruckle St offers a premier “house-hack” or high-performance portfolio addition in one of Indianapolis’s most rapidly appreciating urban core neighborhoods. The main structure features two meticulously designed, modern townhomes, each boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully finished basement with a dedicated family room, bedroom and a full bathroom. Each side greets residents with an expansive covered front porch leading into a seamless, contemporary interior highlighted by gourmet kitchens, premium finishes, and outdoor living spaces including rear patios and upper-level balconies. Elevating the investment potential is the massive detached garage topped by a fully-appointed, 1-bedroom carriage house providing approximately 780 sq ft of additional high-end living space-perfect for a sophisticated short-term rental or a private guest retreat. The entire home is currently generating $4,698/month (excluding the carriage house) with a projected pro-forma potential of $6,847/month. Situated just steps from the Kennedy-King Park, local breweries, and downtown amenities, this turn-key property delivers a rare blend of architectural prestige and exceptional cash-flow potential in a coveted historic-adjacent district.