545 E 38th Street, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
545 E 38th Street,Indianapolis, IN 46205
$220,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lisanne allen
Office: carpenter, realtors
MLS#:22130802
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$220,000

About this home

A property with a colorful past and plenty of potential for its next chapter! Once home to medical offices, a flower shop, a hair salon, and a pharmacy, this unique Indianapolis property is currently configured as a duplex and zoned D-8. The main-level apartment is virtually move-in ready, and features one bedroom with an en suite full bathroom, a separate office, living room, kitchen, and laundry room/half-bath combination. Improvements include new living room flooring, ceiling, bulkheads, and recessed LED lighting, newly constructed walls to enclose the primary bathroom and separate the office from the bedroom, an added office closet, a kitchen, and a half bath. Upstairs, the studio-style apartment offers a combined living and sleeping area, a full bathroom, a remodeled kitchen, and fresh paint throughout. The furnace got a new circuit board in 2026, and the gas water heater is new. Both units have rear entrances, with an additional front entrance serving the main level. A paved...

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Home facts

  • Year built:1920
  • Subdivision & Development:Marion Highlands
  • Listing ID #:22130802
  • Added:11 day(s) ago
  • Updated:October 27, 2026 at 05:01 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Partial, Unfinished

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1920
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$220,000
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