Additional Details

Property Details

Lot Dimensions:

5920

Water Source:

Public

Main Level Sq. Ft.:

812

Upper Level Sq. Ft.:

626

Total Sq. Ft.:

2, 040

Basement:

Yes

Directions:

GPS Friendly

Interior Features

Eat In Kitchen, Wood Work Painted

Appliances

Dishwasher, Dryer, Micro Hood, Electric Oven, Refrigerator, Washer

Cool

Central Air

Water Heater

Dishwasher, Dryer, Micro Hood, Electric Oven, Refrigerator, Washer

Heat

Baseboard, Forced Air

Total Rooms

7 Rooms

Tax and Financial Info

Semi-Annual Property Tax:

$2, 794

Tax Year:

2024

Quick View

Address:

1338 Barth Avenue Indianapolis IN 46203

Status:

Active

On Site:

48 Days On Site

Price:

$650, 000

Bedrooms:

3 Beds

Bathrooms:

3 Full Baths

Sq. Feet:

2, 040

Year Built:

1880

Lot Size:

0.14

County:

Marion

Township:

Center

MLS #:

22102547

Property Type:

Single Family Residence

Exterior Type

Brick, Wood Siding

Community Information

Description

This beautifully remodeled quadraplex offers a rare opportunity for an owner-occupant to build wealth while significantly offsetting their monthly housing expense. The property features two spacious and updated 2-bedroom, 2-bath units and two updated 1-bedroom, 1-bath units, all thoughtfully renovated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each feature a covered front porch, private rear patio, yard/green space, and rear parking, creating an ideal setup for an owner occupant looking to enjoy the benefits of a private residence while generating rental income from the remaining units. Three of the four units are currently leased, providing immediate income potential from day one. This property is especially attractive for buyers looking to utilize an owner-occupied mortgage program, as many primary residence loan options allow financing for properties with up to four units. This creates a unique opportunity to live in one unit while the rental income from the other three units helps substantially offset - and potentially cover - a large portion of the monthly mortgage payment. Located in the heart of highly desirable Fountain Square, the property is within walking distance to popular restaurants, entertainment, and local attractions, with easy access to downtown Indianapolis, Eli Lilly, and major downtown events.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22102547

Listing provided courtesy of Marissa Bryant 317-205-4320 with Highgarden Real Estate

Last Updated: 5/16/2026 | 10:22 PM

Home Details

Status: Active

Price: $650,000

Address: 1338 Barth Avenue, Indianapolis, IN 46203

Bedrooms: 3

Bathrooms: 3

Square Feet: 2,040

48 days on Site

• Property Type: Residential
• Built in 1880
• 48 days on Site
• 0.14 Lot Size
• Cooling: Central Air
• Heating: Baseboard, Forced Air