631 Terrace Avenue, Indianapolis, IN 46203

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
631 Terrace Avenue,Indianapolis, IN 46203
$197,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: rodney forrest
Office: exp realty, llc.
MLS#:22039038
Source:IN_MIBOR

Price summary

  • Price:$197,500

About this home

It's your lucky day! Buyer financing fell through so we're back on the market. Be part of the exciting revival of the Old Southside, Bates-Hendricks, and South Park neighborhoods. This early 20th-century duplex offers a unique opportunity for investors or visionary homeowners. With over 2,600 total square feet (m/l), the property is ready for renovation-restore it to its original single-family layout or update both units for solid rental income. The main level features 3 bedrooms and 2 full bathrooms, while the upper unit includes 1 bedroom and 1 full bathroom, accessible via a separate entrance. Whether you're looking to house hack, invest, or fully restore, there's plenty of space and potential to bring your vision to life. Explore the possibilities in one of Indy's most rapidly evolving areas, just minutes from downtown, restaurants, entertainment, and public transit. All appliances in the home stay.

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Home facts

  • Year built:1902
  • Listing ID #:22039038
  • Added:216 day(s) ago
  • Updated:January 07, 2026 at 08:37 AM

Structure and exterior

  • Year built:1902
  • Lot area:0.08 Acres

Finances and disclosures

  • Price:$197,500
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