Hi There! Is this Your First Time?
Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.
3041 S Kercheval Drive Indianapolis IN 46239
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.41
- Acres
RARE opportunity to acquire an adaptable, income-oriented property in desirable Franklin Township, offering multiple private living spaces and strong house hacking potential on nearly half an acre. Originally built as a ranch-style home and has since been extensively expanded and improved, now totaling approx. 3,325sqft configured for flexible occupancy and income generation. The main residence (approx. 1,624 sqft) features 4 bedrooms and 2 full bathrooms, including a renovated kitchen with granite countertops, updated cabinetry, and stainless-steel appliances. A private primary suite offers an en-suite bath and walk-in closet, while recent updates, roof, flooring, windows, and mechanicals, support reduced near-term capital expenditures. The secondary living space (approx. 1,701 sqft) is designed with independent functionality, featuring a full kitchen, loft, dedicated laundry, and separate entrance. Its layout supports strong rental appeal or extended-stay occupancy, making it well-suited for owner-occupants seeking to offset expenses or investors targeting dual-income streams. Updated units in the surrounding area have achieved rents of approximately $1,300+ per month (buyer to verify), with even more upside given the size, condition, and configuration of this property. Additional value is found in a detached finished flex structure with electrical service and climate control, ideal for workspace, storage, or supplemental use, as well as three total parcels that may provide future development or resale optionality (buyer to verify land use). The property is serviced by well water with reverse osmosis systems, multiple HVAC setups including newer, more efficient units, and updated infrastructure throughout. Exterior features include a large fenced yard, ample parking, and durable HardiePlank siding. Zoned D-5 offering flexible use. Whether you are an investor or owner-occupant looking to house hack, this property delivers impressive cash flow potential and upside!
Property Details
Interior Features
- Cooling: Central Air, Zoned
- Heating: Forced Air, Natural Gas
Exterior Features
- Features: Storage Shed
- Setting / Lot Description: City Lot, Mature Trees
- # Acres: 0.41
Listing Office: Berkshire Hathaway Home
Similar Properties To: 3041 S Kercheval Drive, Indianapolis
Osgoods 1st Central Ave Add
- MLS® #:
- 22089596
- Provider:
- F.c. Tucker Company
Clifford Place
- MLS® #:
- 22088027
- Provider:
- Exp Realty Llc
Johnson & Hogshire
- MLS® #:
- 22082984
- Provider:
- Shouse Realty Group Llc
Pivot City
- MLS® #:
- 22086891
- Provider:
- Keller Williams Indpls Metro N
Hillcrest
- MLS® #:
- 22089411
- Provider:
- @properties
View all similar properties here
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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.
Listing information last updated on March 25th, 2026 at 2:44pm EDT.









