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2938 E Michigan Street

Indianapolis, IN 46201
  • $50,000
  • STATUS: Pending
  • ON SITE: 97 Days
  • MLS #: 22095780
Under Contract
UPDATED: 36 min ago
$50,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

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.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2026-07-22T00:25:10.657. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Click here for MLS GRID DMCA Notice
www.visiononerealestate.com/homes/175244524
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2938 E Michigan Street Indianapolis, IN 46201

  • Price: $50,000
  • Status: Pending
  • On Site: 97 Days
  • Updated: 36 min ago
  • MLS #: 22095780
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1900
Built
Neighborhood:
Ardella Add
County:
Marion
Area:
4910 - Marion - Center
School District:
Indianapolis Public Schools
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.
Exterior Features

Road Access Street Cuts

Interior Features

Basement YN Yes

Property Features

Acres <1/4 Acre Current Use See Remarks Dpr YN Yes Expenses 0 New Construction YN No Number Of Units Total 0 Possession Closing Property Sub Type Duplex Semi Annual Property Tax Amt 861 Solid Waste No Special Listing Conditions As IsDefects/See RemarksFixer Upper Tax Year 2024 Township Center Transaction Type Sale

Listing provided courtesy of The Modglin Group: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2026-07-22T00:25:10.657. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Click here for MLS GRID DMCA Notice
 
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