2968 N Arsenal Ave, Indianapolis, IN 46218
$250,000
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Home Description
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!
- Property Type: Single Family
- Style: Bungalow
- Basement: Yes
- Garage Spaces: 0
- Acres: <1/4 Acre
- Lot Description: On Golf Course,See Remarks
- Siding: Vinyl With Stone
- Patio & Porch: Covered Porch
Available now at $250,000
Approximate Room Sizes / Descriptions
| Dining Room | 10x8 | Main | |
| Kitchen | 8x10 | Main | |
| Laundry | 8x6 | Basement | |
| Living Room | 16x10 | Main | |
| Kitchen | 12x6 | Upper | |
| Primary Bedroom | 12x12 | Main | |
| Bedroom 2 | 12x12 | Main | |
| Bedroom 3 | 10x10 | Main | |
| Bedroom 4 | 10x10 | Upper | |
| Bedroom 5 | 10x10 | Upper | |
- Interior Description: Windows Vinyl
- Full Baths: 5
- Num Fireplaces: 0
- Primary Bedroom Description: Closet Walk in
- Appliances: Dishwasher,Electric Oven,Electric Water Heater,Refrigerator
- Eating Area: Dining Combo/Family Room
- Heating: Forced Air
- : brooksindyhomes@yahoo.com
Neighborhood
The average asking price of a 5 bedroom Indianapolis home in this zip code is
$209,967 (16.0% less than this home).
This home is priced at $130/sqft,
which is 29.5% less than similar homes
in the 46218 zip code.
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School Information
- School District:Indianapolis Public Schools
Financial
- Approx Payment:$1,242*
- Semi Annual Taxes:$368
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 460-4049 and speak with one of our real estate consultants.
Popular Homes
$455,427
$365,450
26
0.0%
42.3%
43
$368,074
$364,000
19
0.0%
52.6%
136
$341,700
$249,950
36
0.0%
66.7%
257
$359,742
$349,950
32
0.0%
37.5%
53
$269,407
$219,950
82
0.0%
48.8%
76
$638,871
$450,000
39
0.0%
46.2%
41
Listing Courtesy of Brooks Real Estate Services.
For information or to schedule a viewing of this property (MLS# 22039527), call: 317-460-4049
2968 N Arsenal Ave, Indianapolis IN is a single family home of 1924 sqft and
is currently priced at $250,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 3712 N Olney St in Indianapolis is listed at $235,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Indianapolis, IN.
Spades Park, Mendenhalls St Andrews and Ellis Invest Co are nearby neighborhoods.
MLS 22039527 has been posted on this site since 5/19/2025 (today).
2025