3201 E 38th Street, Indianapolis, IN 46218

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Sold Price
$120,000
List Price
$140,000
Closing Date
Apr 22, 2026
MLS#
22075510
Days on Market
141
Status
SOLD

Property Description

Cash generating property! This is a four unit building. Apt #1 pays $500 per month. Apt #2 pays $500 per month. Apt#3 pays $750 per month. Apt #4 pays $500 per month! That is $2,250 per month. These are month to month leases. Seller pays utilities (electric, gas, water, sewer..) which averages out to $350-450 per month. Add this one to your portfolio! Cash only. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental. Property across the street at 3758 Lasalle also for sale.

Additional Information

Stories
Two
Acres
0.24
Region
Center

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Calculator source: Real Geeks

Listing courtesy of Everhart Studio, Ltd.. Selling Office: Everhart Studio, Ltd..

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