Map location of 3201 E 38th Street, Indianapolis, IN 46218
$149,000
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3201 E 38Th Street, Indianapolis, IN 46218

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Cash generating property! This is a four unit building. Apt #1 pays $500 per month. Apt #2 pays $500 per month. Apt#3 pays $750 per month. Apt #4 pays $500 per month! That is $2,250 per month. These are month to month leases. Seller pays utilities (electric, gas, water, sewer..) which averages out to $350-450 per month. Add this one to your portfolio! Cash only. Showings with an accepted offer. Buyer will then have a negotiated due diligence period to view property once offer has been accepted - investors only - no regular inspections - you can bring contractors through during your due diligence period. This is a working rental. Property across the street at 3758 Lasalle also for sale for $149k.

Listing By: Joe Everhart - Everhart Studio, Ltd. inmibor Realty.com
  • MLS# 22075510
  • Date Listed12/02/2025
  • Days on Realty 8 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.24 acres (10,585 sq. ft)
  • Subdivision Glencroft
  • County Marion
  • Year Built 1925

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.24
  • Lot Size SQFT 10,585.00
  • Lot Features -

Directions

GPS Friendly

Financial Considerations

Nearby Schools

Source: School Digger

Floro Torrence School 83

Public • PK - 6 • Serves this home

2.34 mi

Distance

Sankofa Arlington Woods Elementary School

Public • PK - 6

3.41 mi

Distance

Arlington Community Middle School

Public • 7 - 8 • Serves this home

4.11 mi

Distance

H.l. Harshman Magnet Middle School

Public • 7 - 8

4.77 mi

Distance

Northwest Community High School (7-8)

Public • 7 - 8

11.57 mi

Distance

Shortridge Ib Magnet High School

Public • 9 - 12 • Serves this home

3.9 mi

Distance

Thrival Academy

Public • 9 - 9

4.11 mi

Distance

Arsenal Technical High School

Public • 9 - 12

5.73 mi

Distance

Crispus Attucks High School

Public • 9 - 12

6.47 mi

Distance

George Washington High School 721

Public • 9 - 12

8.87 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IN / 46218

Source: Walkscore

49/100

Car-Dependent

Walk Score ®

40/100

Some Transit

Transit Score ®

37/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 43/100, Transit Score: 32/100, Bike Score: 51/100.

Points of Interest near 3201 E 38th Street, Indianapolis, IN 46218

Frequently Asked Questions for 3201 E 38th Street

Source: Realty.com

3201 E 38th Street, Indianapolis, IN 46218 is a Quadruplex, Residential Income property listed for $149,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 2 photos of 3201 E 38th Street.

Our records indicate that 3201 E 38th Street was built in 1925.

The full address for this home is 3201 E 38th Street, Indianapolis, IN 46218.

3201 E 38th Street has been listed on Realty.com since Tue December 02, 2025

Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 43/100, Transit Score: 32/100, Bike Score: 51/100.

There are 3 schools assigned to this home. Check out the schools near 3201 E 38th Street. Floro Torrence School 83 (Grades: PK - 6), Arlington Community Middle School (Grades: 7 - 8), Shortridge Ib Magnet High School (Grades: 9 - 12)

Listing provided courtesy of: Everhart Studio, Ltd. (tel: 317-916-1052)
Listing agent: Joe Everhart (tel: 317-916-1052) (#5556)

This content last refreshed on 2025-12-10 12:22:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3201 E 38th Street, Indianapolis, IN 46218 : MLS# 22075510

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