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USAINIndianapolisAudubon Gardens5609 E 38Th Street
Exterior Front. EXTERIOR FRONT | Image 1
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$89,900

5609 E 38Th Street, Indianapolis, IN

House

For Sale

$--,---,---
310
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1244 sqft
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1954
Avg. Price Per Sqft $72
MLS® Number 22058280

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity on Indy's east side. This 3-bedroom, 1 bath ranch offers solid rental history and strong mechanical updates. Currently tenant-occupied at $925/month, with a 60-day notice to vacate already issued. Property will be sold as-is and requires cosmetic updates, making it ideal for investors seeking value-add potential. Recent improvements include newer furnace, updated water heater, plumbing cleanout, and upgraded gas line. Private driveway and covered carport provide convenient off-street parking. The full unfinished basement offers significant upside-finish it to add living space, increase rental income, or boost resale value. Located near public transit, library, and shops. This functional layout makes this a smart addition to any portfolio. Estimated market rent post-renovation is $1, 300-$1, 450/month.Show Description
MLS® Number22058280
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age1954
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CWindow Unit(s)
Heating Fuel

Extras

Rooms

Show Details
Dining Room:Main12 × 12 ft
Bedroom 3:Main10 × 10 ft
Living Room:Main13 × 15 ft
Other:Main12 × 13 ft
Kitchen:Main10 × 10 ft
Bedroom 2:Main10 × 12 ft

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