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$250,000 -

2968 N Arsenal Avenue Indianapolis IN 46218

5
Bedrooms
5
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

Excellent Investment Opportunity - Income-Producing Duplex! This versatile property offers strong rental potential with two distinct living spaces: Main Level Residence: Spacious and well-maintained, featuring 3 bedrooms and 3 bathrooms, perfect for owner occupancy or long-term rental. Upper-Level Apartment: A charming 2-bedroom, 2-bath unit with unique character. While it doesn't have a designated living room, it includes two cozy alcoves off the kitchen. One bedroom can easily be repurposed as a living space if rented as a one-bedroom unit, offering flexible layout options for tenants. Recent updates have been made in the past few years, and the property is being sold As-Is, Where-Is. Additional features include: Fenced-in backyard - ideal for pets or privacy Gravel off-street parking in the rear Washer/dryer hookup in the upstairs apartment Dedicated laundry area for the main level in the basement Whether you're an investor or looking to live in one unit while renting the other, this property has the potential to generate immediate income!

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Property Details

Price: $250,000 Previously: $250,000 Originally: $250,000 Bedrooms: 5 Bathrooms: 5.00 MLS #: 22039527 Year Built: 1920 Township: Center Sq. Ft Total: 1,924 Type: Residential Zip Code: 46218 City: Indianapolis Subdivision: J H Claypools 1st Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Electric Water Heater, Electric Oven, Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: On Golf Course, See Remarks
  • Porch: Covered
  • # Acres: 0.17

Listing Office: Brooks Real Estate Services

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on October 28th, 2025 at 12:40am EDT.

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