2938 E Michigan Street, Indianapolis, IN 46201

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List Price
$50,000
Price Change
▼ $15,000 1780797130
MLS#
22095780
Days on Market
163
Status
PENDING

Property Description

Located at 2938 E Michigan St in Indianapolis, this duplex presents a prime value-add opportunity for investors or experienced rehabbers. The property has sustained fire damage mainly on the right side and is being sold as-is, offering a blank slate for a full renovation. With strong rental demand in the area and proximity to downtown Indianapolis, this property has excellent upside potential once restored. Ideal for a gut rehab, allowing you to redesign and maximize layout, finishes, and rental income. Whether you're looking to fix and flip or build long-term cash flow, this is a fast sale opportunity priced to move. Bring your contractor and vision-this one won't last. Cash or hard money preferred. Quick close available.

Additional Information

Region
Center

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Calculator source: Real Geeks

Listing courtesy of The Modglin Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative