Indianapolis, IN 46222,38 N Elder AVE
Listed by Stephen Flanagan • R. P. Lux Company

$260,000

Est. payment /mo

$260,000

Est.Price: ?

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38 N Elder AVE Indianapolis, IN 46222

6,969 Sqft Lot

SOLD DATE : 05/23/2025

Key Details

Sold Price $260,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Mileys

MLS Listing ID 22027751

Sold Date 05/23/25

Year Built 1890

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

Charming Duplex with Airbnb Income Near Downtown Indy Located just minutes from downtown Indianapolis and Indianola Park, this well-maintained duplex on North Elder Avenue is a standout investment opportunity. Both 2-bedroom, 1-bathroom units are currently rented as successful Airbnb listings, providing steady short-term rental income. Each 810 sq. ft. unit features an inviting front porch, classic vinyl siding, and a landscaped yard. Inside, enjoy an open-concept layout with abundant natural light, laminate flooring, a functional kitchen, dedicated dining area, and spacious bedrooms with ample closet space. Unit 1 includes access to a partial basement, while Unit 2 is equipped with its own washer and dryer. Efficient heating and cooling systems ensure year-round comfort. An excellent opportunity in a convenient location-schedule your showing today!

Location

State IN

County Marion

Rooms

Basement Partial

Interior

Heating Electric, Natural Gas

Fireplace N

Building

Story One

Architectural Style TraditonalAmerican

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS
agent

Sara Tenan

Advisor | License ID: RB24002170

+1(317) 800-8130

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