3247 W Morris Street, Indianapolis, IN 46241

Building Details

Year built

1945

Number of units

2

Listing agent Patricia McCormick License #RB20001746 Show Phone

Listing office Trueblood Real Estate b***@truebloodRE.com North Street Suite 350 8700, Fishers, IN Show Phone

Listing date Sep 26, 2025

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MLS# 22065228 Listing URL

Copyright © 2026 MIBOR Service Corporation. 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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Overview

This residential income offering consists of one parcel that includes two single-family homes and a pole barn. Each home is configured with 2 bedrooms and 1 bathroom, along with a living area. The pole barn is also included and is described as fully leased as part of the current setup.

The property is located at 3247 W Morris Street in Indianapolis, Indiana 46241, within Marion County. The homes and pole barn are situated together on the same lot, providing one ownership footprint for multiple income-producing structures.

For investors seeking a multi-structure portfolio addition, the appeal is the presence of three separate leasable components on one parcel: two 2-bedroom, 1-bath homes and the pole barn. The back home has documented improvements, including a new metal roof and a furnace that is approximately two years old, which may help reduce near-term maintenance considerations. The listing also notes that all units are currently leased.

Suggested Use

Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Big Box & Wholesale Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.214512

Latitude

39.749931

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FAQs

What type of property is this?

Single family property - Residential income property with two fully leased single-family homes plus a pole barn on one parcel.

Where is this single family property located?

The property is located at 3247 W Morris Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $219,000.

What are key features of this property?

This property features: Two single‑family homes plus a pole barn on one parcel; All units are fully leased, including the pole barn; Each home features 2 bedrooms and 1 bathroom