2968 N Arsenal Avenue, Indianapolis, IN 46218 (MLS # 22039527)

Price $250,000
Status Active
Beds 5
Baths 5 Baths
Home size 1,711 sqft
Lot Size 7,406 sqft
Days on Market 15
Excellent Investment Opportunity - Income-Producing Duplex! This versatile property offers strong rental potential with two distinct living spaces: Main Level Residence: Spacious and well-maintained, featuring 3 bedrooms and 3 bathrooms, perfect for owner occupancy or long-term rental. Upper-Level Apartment: A charming 2-bedroom, 2-bath unit with unique character. While it doesn't have a designated living room, it includes two cozy alcoves off the kitchen. One bedroom can easily be repurposed as a living space if rented as a one-bedroom unit, offering flexible layout options for tenants. Recent updates have been made in the past few years, and the property is being sold As-Is, Where-Is. Additional features include: Fenced-in backyard - ideal for pets or privacy Gravel off-street parking in the rear Washer/dryer hookup in the upstairs apartment Dedicated laundry area for the main level in the basement Whether you're an investor or looking to live in one unit while renting the other, this property has the potential to generate immediate income!
Property Type(s): Single Family
Last Updated 5/19/2025 Tract J H Claypools 1st Add
Year Built 1920 Community 4910 - Marion - Center
County Marion

Additional Details

APPLIANCES Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
AREA 4910 - Marion - Center
BASEMENT Yes
CONSTRUCTION Vinyl Siding
HEAT Forced Air
INTERIOR Walk-in Closet(s)
LOT 7405 sq ft
LOT DESCRIPTION On Golf Course, See Remarks
PARKING Other, Assigned
STORIES 2
STYLE Bungalow
SUBDIVISION J H Claypools 1st Add

Location

 

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