$149,000
3201 E 38th Street
Cash generating property! This is a four unit building. Apt #1 pays $500 per month. Apt #2 pays $500 per month. Apt#3 pays $750 per month. Apt #4 pays $500 per month! That is $2,250 per month. These are month to month leases. Seller pays utilities (electric, gas, water, sewer..) which averages out to $350-450 per month. Add this one to your portfolio! Cash only. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental. Property across the street at 3758 Lasalle also for sale for $149k.
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Map to 3201 E 38th Street, Indianapolis, IN 46218
MLS #
22075510
Date Listed
2025-12-02
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Quadruplex
New Construction
No
Type
Quadruplex
Year Taxes Payable
2024
Year Built
1925
Days on Market
4
External Features
Construction
Quadruplex
Lot Size
10,585 sq ft
Acreage
0.24 Acres
Fence
None
Location
Area
Marion
County
Marion
Subdivision
Glencroft
Township
Center
City
Indianapolis
State
IN
Zip
46218
Schools
School District
Indianapolis Public Schools
Financial
Assoc. Dues
$0.00
| MLS # | 22075510 |
|---|---|
| Date Listed | 2025-12-02 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Quadruplex |
| New Construction | No |
| Type | Quadruplex |
| Year Taxes Payable | 2024 |
| Year Built | 1925 |
| Days on Market | 4 |
| Construction | Quadruplex |
|---|---|
| Lot Size | 10,585 sq ft |
| Acreage | 0.24 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Glencroft |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46218 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22075510
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Joe Everhart
Everhart Studio, Ltd.
joe@everhartlistings.com
Listing updated December 4, 2025 at 4:39 pm
Last checked 4 minutes ago
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