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Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 357,000
Est. payment /mo
Active
3626 Birchwood AVE Indianapolis, IN 46205
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Pivot City
MLS Listing ID 22086891
Year Built 1911
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Located at 3626 Birchwood Ave in the revitalizing Mapleton-Fall Creek neighborhood, this fully renovated duplex offers a turnkey investment opportunity just a few miles north of Indianapolis. Centrally positioned within 15-20 minutes of nearly everything the city has to offer-including Broad Ripple, the State Fairgrounds, Art Museum, Children's Museum, Butler University, Marian University, IU Indianapolis, Ivy Tech, the Monon Trail, 16 Tech, and more. The location also offers quick access to Meridian St, 38th St, and the nearby IndyGo Red Line stop. This side-by-side duplex features two spacious units, each with 3 bedrooms, 2 full baths, and approximately 1,230 sq ft across two stories, plus full unfinished basements with daylight windows and laundry areas. Taken to the studs and thoughtfully modernized, both units offer open floor plans with raised ceilings, island kitchens with granite countertops, white shaker cabinets, stainless steel appliances, a main-level bonus room ideal for a home office, and a full bath with tiled walk-in shower. Upstairs are three bedrooms and an updated full bath. Each unit also enjoys a covered front porch with privacy divider, fully fenced front and rear yards, a private fenced backyard section with patio and new concrete walkways, and dedicated off-street parking via a concrete pad off the alley. Both units are tenant occupied at $1,450/mo each with leases through Feb 2027, making this a strong turnkey investment with professional management already in place (optional for new owner). Utilities are separately metered and paid by tenants. While extensively updated, the roof is near the end of its life; the property is being sold as-is, and the seller will offer a $4k credit with a reasonable offer toward replacement. Given the location and condition, the property could also be an excellent candidate for short term rentals to maximize cash flow. No seller/creative financing.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N false
Roof Type Asphalt
Building
Story Two
Architectural Style Traditional
New Construction false
Schools
School District Indianapolis Public Schools
Others
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