3041 S Kercheval Drive, Indianapolis, IN 46239
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
3041 S Kercheval Drive,Indianapolis, IN 46239
$419,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: nathaniel wozniak
Office: berkshire hathaway home
MLS#:22090607
Source:IN_MIBOR
Price summary
- Price:$419,900
About this home
Income-producing opportunity with newer built units (2023-2024) and separation ideal for house hacking or multiple-occupancy living. This expanded property offers multiple independent living areas across approx. 3,325 sqft, creating a flexible setup for owner-occupants or small-scale investors seeking to offset housing costs or generate rental income. The main residence (approx. 1,624 sqft) includes 4 bedrooms and 2 full bathrooms, featuring an updated kitchen with granite countertops, stainless steel appliances, and refreshed cabinetry. A private primary suite with en-suite bath and walk-in closet adds to its rental or owner-occupant appeal. Major components including roof, flooring, windows, and mechanicals have been updated, reducing near-term capital expenditure risk. A separately accessible secondary living space (Built 2023-2024 - approx. 1,701 sqft) is configured for independent use, complete with a full kitchen, dedicated laundry, loft, and private entrance. This layout supports strong rental potential for long-term tenants, extended-stay occupants, or multi-tenant configurations. Comparable updated units in the area have achieved rents of approximately $1,300+/month (buyer to verify), with additional upside supported by the size, condition, and dual-living configuration of the property. The property sits on three parcels totaling nearly half an acre, offering additional flexibility for future use, expansion, or resale (buyer to verify). A detached flex/studio structure with electric and climate control provides added utility for workspace, storage, or supplemental income strategies. Additional features include ample parking, fenced yard, durable HardiePlank siding, well water with reverse osmosis systems, and multiple HVAC setups including newer units. Zoned D-5, allowing for a range of residential use scenarios. A strong fit for buyers seeking house hacking, multi-unit functionality, or a live-in investment with income potential and long-term upside....
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Home facts
- Year built:1954
- Listing ID #:22090607
- Added:97 day(s) ago
- Updated:June 27, 2026 at 08:04 AM
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1954
- Lot area:0.41 Acres
- Lot Features:Mature Trees
- Architectural Style:Craftsman, Ranch
- Construction Materials:Brick, Cement Siding
- Exterior Features:Storage Shed
- Foundation Description:Slab
Schools
- Middle school:Franklin Central Junior High
Utilities
- Water:Well
- Sewer:Sewer
Finances and disclosures
- Price:$419,900
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