415 W 39th Street, Indianapolis, IN 46208

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
415 W 39th Street,Indianapolis, IN 46208
$197,500
  • 4 Beds
  • 2 Baths
  • 1,681 sq. ft.
  • Single family
  • Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:22068832
Source:IN_MIBOR

Price summary

  • Price:$197,500
  • Price per sq. ft.:$89.65

About this home

Investor special near downtown Indy! This charming 4-bedroom, 2-bath home is perfectly positioned for strong rental income potential. Located just minutes from Butler University, IUPUI, and some of Indiana's top medical centers including IU Health Methodist, Eskenazi Health, and Riley Hospital for Children, this property is ideal for student housing, group rentals, or traveling healthcare professionals. With 1,681 sq ft of finished living space across two levels and a full, 600 sq ft unfinished basement, this home offers immediate cash flow opportunity with long-term value-add potential. The main level features a primary bedroom with full bath, a spacious living room, formal dining area, and eat-in kitchen-perfect for shared living. Upstairs, three generously sized bedrooms share a full bath, offering flexible space for tenants or guests. Originally built in 1907, this Traditional American-style home still boasts its original charm while providing the bones and layout modern

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1907
  • Listing ID #:22068832
  • Added:100 day(s) ago
  • Updated:January 30, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,681 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1907
  • Building area:1,681 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$197,500
  • Price per sq. ft.:$89.65
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 415 W 39th Street