1741 Terrace Avenue, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1741 Terrace Avenue,Indianapolis, IN 46203
$225,000
  • 6 Beds
  • 2 Baths
  • 3,072 sq. ft.
  • Single family
  • Active
Listed by: michelle jackson, justin jackson
Office: re/max advanced realty
MLS#:22102056
Source:IN_MIBOR

Price summary

  • Price:$225,000
  • Price per sq. ft.:$48.83

About this home

Spacious and versatile 6-bedroom, 2-bath property offering exceptional flexibility and income-producing potential! Previously configured as a duplex, this unique home features two full kitchens, two separate living rooms, and a layout that easily accommodates multi-generational living, rental opportunities, or continued use as a boarding house. Currently operating with 4 tenants on weekly rent, the property already provides established cash flow for investors looking to expand their portfolio. Inside, you'll find generously sized rooms, multiple common living areas, and large basements that provide ample storage space and added functionality. The enclosed front porch creates a welcoming entry and a comfortable place to relax year-round, while the back deck offers additional outdoor space for entertaining or enjoying quiet evenings. Outside, the property includes 4 rear gravel parking spaces for tenant or guest convenience, along with a storage barn perfect for tools, equipment, or...

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Home facts

  • Year built:1930
  • Listing ID #:22102056
  • Added:47 day(s) ago
  • Updated:July 01, 2026 at 03:10 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Formal Dining Room
  • Kitchen Description:Electric Oven, Gas Oven, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Full, Storage Space, Unfinished
  • Living area:3,072 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Year built:1930
  • Building area:3,072 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Mature Trees, Sidewalks
  • Construction Materials:Vinyl Siding
  • Exterior Features:Storage Shed
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$48.83

Features and amenities

  • Appliances:Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Laundry in Unit, Washer
  • Amenities:Attic Stairway
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