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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2938 E Michigan Street in Indianapolis, IN is listed for $50,000. Built in 1900, on a 0.08 acres lot.
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
- 0.08 acre lot
Property Details
Monthly Cost Estimate
$267/mo
20% down · 6.5% · 30 years
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 residential multi family at 2938 E Michigan Street is listed at $50,000. The estimated monthly payment is $217 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.08 acre lot.
This property is listed by Ely Berger and can be reached at (317) 900-6015 or ely@themodglingroup.com.
