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Listed by Ely Berger • The Modglin Group
$ 50,000
Est. payment | /mo
$ 50,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Ardella Add
MLS Listing ID 22095780
Year Built 1900
Tax Year 2024
Property Sub-Type Duplex
Property 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.
Location
State IN
County Marion
Interior
Fireplace N
Building
New Construction false
Schools
School District Indianapolis Public Schools

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