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$630,000 -

1338 Barth Avenue Indianapolis IN 46203

3
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.14
Acres

This beautifully remodeled quadraplex offers a rare opportunity for an owner-occupant to build wealth while significantly offsetting their monthly housing expense. The property features two spacious and updated 2-bedroom, 2-bath units and two updated 1-bedroom, 1-bath units, all thoughtfully renovated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each feature a covered front porch, private rear patio, yard/green space, and rear parking, creating an ideal setup for an owner occupant looking to enjoy the benefits of a private residence while generating rental income from the remaining units. Three of the four units are currently leased, providing immediate income potential from day one. This property is especially attractive for buyers looking to utilize an owner-occupied mortgage program, as many primary residence loan options allow financing for properties with up to four units. This creates a unique opportunity to live in one unit while the rental income from the other three units helps substantially offset - and potentially cover - a large portion of the monthly mortgage payment. Located in the heart of highly desirable Fountain Square, the property is within walking distance to popular restaurants, entertainment, and local attractions, with easy access to downtown Indianapolis, Eli Lilly, and major downtown events.

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Property Details

Price: $630,000 Previously: $630,000 Originally: $650,000 Bedrooms: 3 Bathrooms: 3.00 MLS #: 22102547 Year Built: 1880 Township: Center Sq. Ft Total: 2,040 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Barth County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Refrigerator, Washer
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air

Exterior Features

Exterior Features:
  • Porch: Covered
  • # Acres: 0.14

Listing Office: Highgarden Real Estate

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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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on August 7th, 2026 at 8:28pm EDT.

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