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About This Home

This 0-bedroom, 0-bathroom multi-family at 3626 Birchwood Avenue in Indianapolis, IN is listed for $357,000. Built in 1911, on a 0.16 acres lot.

Agent Description

Located at 3626 Birchwood Ave in the revitalizing Mapleton-Fall Creek neighborhood, this fully renovated duplex offers a turnkey investment opportunity just a few miles north of Indianapolis. Centrally positioned within 15-20 minutes of nearly everything the city has to offer-including Broad Ripple, the Indiana State Fairgrounds, Newfields (Indiana

polis Museum of Art), The Children's Museum, Butler University, Marian University, Indiana University Indianapolis, Ivy Tech Community College, the Monon Trail, and the 16 Tech Innovation District-the location also offers quick access to Meridian St, 38th St, and the nearby IndyGo Red Line stop.

This side-by-side duplex features two spacious units, each with 3 bedrooms, 2 full baths, and approximately 1,230 sq ft across two stories, plus full unfinished basements with daylight windows and laundry areas. Taken to the studs and thoughtfully modernized, both units offer open floor plans with raised ceilings, island kitchens with granite count

ertops, white shaker cabinets, stainless steel appliances, a main-level bonus room ideal for a home office, and a full bath with tiled walk-in shower. Upstairs are three bedrooms and an updated full bath. Each unit also enjoys a covered front porch with privacy divider, fully fenced front and rear yards, a private fenced backyard section with patio and new concrete walkways, and dedicated off-street parking via a concrete pad off the alley.

Both units are tenant occupied at $1,450/mo each with leases through Feb 2027, making this a strong turnkey investment with professional management already in place (optional for new owner). Utilities are separately metered and paid by tenants. While extensively updated, the roof is near the end of its life; the property is being sold as-is, and the seller will offer a $4k credit with a reasonable offer toward replacement.

Given the location and condition, the property could also be an excellent candidate for short term rentals to maximize cash flow.

Key Features

  • Built in 1911
  • 0.16 acre lot

Property Details

1911

Amenities

Basement

Monthly Cost Estimate

$1,909/mo

20% down · 6.5% · 30 years

Principal$258
Interest$1,547
Insurance$104

Estimates only. Actual payments may vary.

Location

3626 Birchwood Avenue

Indianapolis, IN 46205

Pivot City

Features & Amenities

Exterior Features

Fencing

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 3626 Birchwood Avenue is listed at $357,000. The estimated monthly payment is $1,547 based on 20% down at 6.5% interest.

Key features include: Built in 1911, 0.16 acre lot. Exterior Features: Fencing.

This property is listed by Peter Stewart and can be reached at 3178466300 or peter@peterstewartrealty.com.

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PS

Peter Stewart

Agent at Keller Williams Indpls Metro N

(317) 846-6300

Listed by Keller Williams Indpls Metro N · View on Broker Site

MLS# 22086891· Source: listhub· Updated 31 days ago

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3626 Birchwood Avenue, Indianapolis, IN 46205

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