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Street View
$50,000
Monthly Est:$249
1 Bed
1 Bath
--sqft
2938 E Michigan St, Indianapolis, IN 46201
$50,000
$249/moEst:
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Duplex
Built in 1900
$-- HOA
3,441 sqft lot
--/sqft
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: June 29, 2026 at 1:34 pm
- Listing Provided by: Ely Berger | The Modglin Group (317) 865-9400
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22095780
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
3,441 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22095780
MLS Status
Pending
Days on Market
196
Cumulative Days on Market
72
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Other Features
Subdivision Name
Ardella Add
Price History
| Date | Event | Price |
|---|---|---|
06/29/2026 Source: #MBR22095780 | Pending | $50,000 $0/sqft |
06/06/2026 Source: | Price Decreased | $50,000 -23.08% $0/sqft |
05/15/2026 Source: | Price Decreased | $65,000 -13.33% $0/sqft |
04/16/2026 Source: | Listed for Sale | $75,000 $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 28, 2026, 06:15AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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