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$715,000

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0 Bedroom
0 Bath
Built 1927
0 SqFt
Two,Basement
1/4-1/2 Acre.

MLS: 21750254
Residential/Condo
Status: For Sale
County: Marion
Date Listed: 11/02/2020

Description
This is a unique opportunity to own a 16 unit apartment complex near downtown, Metro Sports Complex, Indpls Museum of Art & State Fairgrounds. Located on the "Red Line' with LOADS of potential and character, lots of natural light, arched doorways and good sized units. (8) 1 bedrooms and (8) 2 bedrooms with sq footage to reconfigure if desired. 13 are occupied with long term tenants and appliances. 3 are gutted and ready for reno to increase earning potential. Rubber roof only 4 years old! Some new windows, all units have electric furnaces (tenant paid) from 2007. Laundry in 2 units. Complex consists of 4 buildings, connected at corners by brick facade with a good sized grassy courtyard and decks out back with separate entries in the rear.

MLS/BLC Information
MLS/BLC #21750254 is a 0-bedroom, 0-bath property located at 420 E 38th, Indianapolis, IN 46205, in Marion County. This Residential/Condo was built in 1927 and offers 0 square feet of total space. The current listing status of 420 E 38th Indianapolis IN is "For Sale" 420 E 38th Indianapolis IN is in the No Subdivision Subdivision. See More Indianapolis homes for sale.
Bedrooms & Bathrooms
Bedrooms
0
Full Baths
0
Half-Baths
0
Total Bath Areas
0
Square Footage
Upper
0
Main
0
Main/Upper
0
Basement
0
Total
0
Source
Assessor
Architecture
Architectural Style
TraditonalAmerican
Stories
Two, Basement
Year Built
1927
New Construction
No
Garage
Exterior Amenities
Lot Size
20735
Acres
1/4-1/2 Acre
Interior Amenities
Fireplace(s)
0
Utilities
Property Location
Address
420 E 38th
State
IN
Zip
County
Township
School District
Subdivision
Real Estate Taxes & Homeowners Association Fees
Semi-Annual
$3,842
Tax Exemption(s)
None
Tax Year Due
2020
Mandatory Fee
$0
Listing Info for 420 E 38th, Indianapolis, IN 46205
Date Listed
11/04/2020
Original List Price
$715,000
Sold Price
$0
Disclosure(s)
Not Applicable
MLS#
21750254
Property Type
Family


420 E 38th, Indianapolis, IN 46205 Property displayed on MSWOODS.COM and listed by Trout Realty Co, LLC. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided on 420 E 38th, Indianapolis, IN 46205 (and all other homes for sale in Indianapolis) is deemed reliable but is not guaranteed accurate, and should be independently verified.

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