Remodeled Split-Level
4233 E 38th Street Indianapolis, IN 46218
New
For Sale
$299,900
MULTI_FAMILY - Split Level - Indianapolis, IN
Lot Size0.28 Acres
Days on Market2
Property Features for 4233 E 38th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Exterior features
Lighting
Basement
Partial, Unfinished
Standard status
Active
APN
490721136072000101
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Forest Manor Extension L379 & W1/2 L380
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air, Ductless, Heat Pump
Building Details
Year built
1958
Floors in Building
2
Number of units
3
Building materials
Brick
Roof type
Asphalt
Architectural style
Split Level
Listing Agency:
United Real Estate Indpls
(317) 216-8800
Listed By:
Cathy O'Banion · License #RB14044353
(317) 255-7285
Added: Jul 28
Last Checked: Jul 29 at 10:06AM
MLS# 22116906
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.
Investment Insights
Based on property information with market context.
This split-level triplex has been completely remodeled and updated in 2024, including new heat pumps with mini splits (electric), plumbing, insulation, windows, and roof. New kitchens and baths were added in every unit. Unit A is a 2-bedroom layout with a small kitchen/living area and 1 bath. Unit B is a 2-bedroom unit with a decorative fireplace and a large eat-in kitchen. Unit C is a 2-story 3-bedroom, 2 full-bath unit and includes its own washer and dryer, along with a decorative fireplace.
The basement includes three new water heaters and a coin-operated washer and dryer for Units A and B to use. The owner provides water and sewer. Current rents total $3,700 per month.
Located at 4233 E 38th Street in Indianapolis, Indiana 46218, this property sits on a 0.28-acre lot.
The basement includes three new water heaters and a coin-operated washer and dryer for Units A and B to use. The owner provides water and sewer. Current rents total $3,700 per month.
Located at 4233 E 38th Street in Indianapolis, Indiana 46218, this property sits on a 0.28-acre lot.
Key Highlights
- Split‑level brick building built in 1958
- Completely remodeled and updated in 2024 with new kitchens and baths in every unit
- Rents total $3,700/month
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - 2024 remodeled triplex with total monthly rents of $3,700 and mini-split heat pumps in every unit.
Where is this triplex located?
The property is located at 4233 E 38th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Split‑level brick building built in 1958; Completely remodeled and updated in 2024 with new kitchens and baths in every unit; Rents total $3,700/month
