417 W 39th Street, Indianapolis, IN 46208

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417 W 39th Street,Indianapolis, IN 46208
$250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22076948
Source:IN_MIBOR

Price summary

  • Price:$250,000

About this home

INVESTOR ALERT! Located in the highly regarded Butler Tarkington neighborhood, 417-419 W 39th St presents a true turnkey duplex opportunity in one of Indianapolis' most stable yet appreciating submarkets. This well-maintained property features two strong rental units: the 417 side is a 2BR/1BA with 1,195 sq ft leased at $1,050/month through 3/31/26, while the 419 side offers a larger 3BR/2BA layout with 1,375 sq ft leased at $1,400/month through 4/30/26, plus a $25/month pet fee. Electricity is separately metered and paid by tenants, and water is shared with each unit reimbursing the owner a flat $65/month, supporting efficient operating expenses. The property is in good overall condition and benefits from a new roof, providing peace of mind for the next owner. Situated just steps from local favorites like Chilly Water Tap Room and Hoagies & Hops, and within walking distance to Tarkington Park and the Red Line bus stop, this location offers excellent tenant appeal. Butler University's

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Home facts

  • Year built:1905
  • Listing ID #:22076948
  • Added:1 day(s) ago
  • Updated:December 18, 2025 at 11:42 PM

Structure and exterior

  • Year built:1905
  • Lot area:0.09 Acres

Finances and disclosures

  • Price:$250,000
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