415 W 39th Street, Indianapolis, IN 46208

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
415 W 39th Street,Indianapolis, IN 46208
$197,500
  • 4 Beds
  • 2 Baths
  • 1,681 sq. ft.
  • Single family
  • Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:22068832
Source:IN_MIBOR

Price summary

  • Price:$197,500
  • Price per sq. ft.:$89.65

About this home

Investor special near downtown Indy! This charming 4-bedroom, 2-bath home is perfectly positioned for strong rental income potential. Located just minutes from Butler University, IUPUI, and some of Indiana's top medical centers including IU Health Methodist, Eskenazi Health, and Riley Hospital for Children, this property is ideal for student housing, group rentals, or traveling healthcare professionals. With 1,681 sq ft of finished living space across two levels and a full, 600 sq ft unfinished basement, this home offers immediate cash flow opportunity with long-term value-add potential. The main level features a primary bedroom with full bath, a spacious living room, formal dining area, and eat-in kitchen-perfect for shared living. Upstairs, three generously sized bedrooms share a full bath, offering flexible space for tenants or guests. Originally built in 1907, this Traditional American-style home still boasts its original charm while providing the bones and layout modern...

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Home facts

  • Year built:1907
  • Listing ID #:22068832
  • Added:149 day(s) ago
  • Updated:March 21, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Dining Description:Formal Dining Room
  • Basement:Yes
  • Basement Description:Basement
  • Living area:1,681 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1907
  • Building area:1,681 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$197,500
  • Price per sq. ft.:$89.65
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