$260,000
Pending

38 N Elder Avenue

Indianapolis, IN 46222
Listing OfficeR. P. Lux Company
Browse 25 photos
Type:Purchase
Structure:2 Family
Zone:Residential

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!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • Property TypePurchase
      • Original List Price$260,000
      • MLS #22027751
      • MLS #22027751
      • BasementPartial
      • SubdivisionMileys
      • CountyMarion
      • Cost260000
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Acres0.16
      • Year Built1890

Location

Bernie GoodmanGoodman Group
OR

Interested in Purchasing 38 N Elder Avenue?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00