# 5397 E 38th Street, Indianapolis, IN 46218

> **TL;DR:** commercial, $299,900 ($101/sqft), 2,964 sqft. Est. $1,300/mo. Listed 149 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,900 |
| Price/sqft | $101 |
| Square Feet | 2,964 |
| Lot Size | 10,019 sqft (0.23 acres) |
| Property Type | Commercial (Business) |
| Status | For Sale |
| Days on Market | 149 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Property Highlights

- 0.23 acre lot

## Description

### Agent Description
Currently used as a Real Estate office but has other possibilities. Located on bus line across from library. Freshly painted with a basement and 2 car garage

## Location

- **Address:** 5397 E 38th Street, Indianapolis, IN 46218
- **County:** Marion
- **Coordinates:** 39.82514, -86.077025
- **Google Maps:** https://www.google.com/maps?q=39.82514,-86.077025

## Listing Agent

- **Name:** Ronald Cheeks
- **Brokerage:** Ron Cheeks Real Estate Group
- **Phone:** 3179199593
- **Email:** ron@speaktocheeks.com

## Primary Photo

![5397 E 38th Street - Primary Photo](http://lh.rdcpix.com/a5ffa2ddc3f395d30789ae6bd88f69c3l-f2973241945r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/5397-e-38th-street-indianapolis-in-46218-22073143)*

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**MLS#:** 22073143 | **Updated:** 2026-04-27
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5397-e-38th-street-indianapolis-in-46218-22073143)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "5397 E 38th Street, Indianapolis, IN 46218",
  "description": "Currently used as a Real Estate office but has other possibilities. Located on bus line across from library. Freshly painted with a basement and 2 car garage",
  "url": "https://www.propertysimple.com/listing/5397-e-38th-street-indianapolis-in-46218-22073143",
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  "datePosted": "2026-04-27",
  "price": 299900,
  "priceCurrency": "USD",
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```