For Sale
$50,000
Pending
2938 E Michigan Street, Indianapolis, IN 46201
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.08 Acres
Days on Market186
Property Features for 2938 E Michigan Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Basement
Subdivision
Ardella Add
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Pending
APN
491005194077000101
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
2938 E Michigan St Condominiums Unit A
Tax Annual Amount
1722
Legal Description
2938 E Michigan St Condominiums Unit A
Building Details
Year built
1900
Listing Agency:
The Modglin Group
(317) 865-9400
Listed By:
Ely Berger · License #RB25001754
(317) 900-6015
Added: Apr 15
Changed: Oct 16
Last Checked: Oct 17 at 1:06PM
MLS# 22095780
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex has fire damage concentrated on the building’s right side and is offered as-is. The property was built in 1900 and occupies a 0.079-acre parcel.
Located at 2938 E Michigan Street in Indianapolis, Indiana 46201.
Located at 2938 E Michigan Street in Indianapolis, Indiana 46201.
Key Highlights
- Fire damage is concentrated on the building’s right side
- Offered in as‑is condition
- 0.079‑acre parcel
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Fire-related damage is concentrated on one side of the building, which is offered in as-is condition.
Where is this duplex located?
The property is located at 2938 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Fire damage is concentrated on the building’s right side; Offered in as‑is condition; 0.079‑acre parcel
