505 W 40th Street Indianapolis, IN 46208
Listing Courtesy of: MIBOR / Keller Williams Indy Metro S - Contact:  chrisprice@indypropertysource.com

  505 W 40th Street Indianapolis, IN 46208

Active (15 Days)
$250,000
6
BED
2
BATH

Description

Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking. Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra large Primary Bedroom. 3 Bedroom/1 Bathroom and 2 Bedroom/1.5 Bathrooms on each side. Ability to finish off full basement space. Original woodwork, ornate brick fire places on each side, clawfoot tubs, raised ceilings and tons of Old World charm. Could be a great house hack to live in one side and pay the mortgage on the other; or an amazing long-term buy and hold. This is a must see!

MLS #:
22032052
Taxes
$1,472(2024)
Lot Size
5,097 SQFT
Type
Multifamily
Year Built
1915
Views
City, Neighborhood, Trees/Woods
School District
Indianapolis Public Schools
County
Marion County
Community
Washington

Listed By

Chris Price, Keller Williams Indy Metro S, Contact: chrisprice@indypropertysource.com
Source
MIBOR
Last checked May 10 2025 at 1:34 AM GMT+0000
Bathroom Details
Subdivision
  • Columbia Place
School Information
  • Middle School: James Whitcomb Riley School 43
Stories
  • 2
Additional Information: Keller Williams Indy Metro S | chrisprice@indypropertysource.com
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55