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About This Home

This 0-bedroom, 0-bathroom multi-family at 2938 E Michigan Street in Indianapolis, IN is listed for $75,000. Built in 1900, on a N/A lot.

Agent 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.

Key Features

  • Built in 1900

Property Details

1900

Amenities

Basement

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

2938 E Michigan Street

Indianapolis, IN 46201

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Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2938 E Michigan Street is listed at $75,000. The estimated monthly payment is $325 based on 20% down at 6.5% interest.

Key features include: Built in 1900.

This property is listed by Ely Berger and can be reached at 3173413325 or ely@themodglingroup.com.

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EB

Ely Berger

Agent at The Modglin Group

(317) 341-3325

Listed by The Modglin Group · View on Broker Site

MLS# 22095780· Source: listhub· Updated 2 days ago

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2938 E Michigan Street, Indianapolis, IN 46201

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