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About This Home
This 0-bedroom, 0-bathroom multi-family at 505 W 40th Street in Indianapolis, IN is listed for $195,000. Built in 1915, on a 0.12 acres lot.
Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking.
Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra large Primary Bedroom. 3 Bedroom/1 Bathroom and 2 Bedroom/1.5 Bathrooms on each side. Ability to finish off full basement space. Original woodwork, ornate brick fire places on each side, clawfoot tubs, raised ceilings and tons of Old World charm. Could be a great house hack to live in one side and pay the mortgage on the other; or an amazing long-term buy and hold. This is a must see!
Key Features
- Built in 1915
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,043/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
505 W 40th Street
Indianapolis, IN 46208
Columbia Place
Features & Amenities
Exterior Features
Property Details
Views
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 505 W 40th Street is listed at $195,000. The estimated monthly payment is $845 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.12 acre lot. Exterior Features: Corner Lot, Fencing.
This property is listed by Chris Price and can be reached at 3172255507 or chris@kwtips.com.













































