1741 Terrace AVE, Indianapolis, IN 46203
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1741 Terrace AVE, Indianapolis, IN 46203
1741 Terrace AVE, Indianapolis, IN 46203
1741 Terrace AVE, Indianapolis, IN 46203
1741 Terrace AVE, Indianapolis, IN 46203
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Mia Chatman

Mia Chatman

+1(317) 500-5963
Listed by Michelle Jackson • RE/MAX Advanced Realty
$ 250,000
Est. payment /mo
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1741 Terrace AVE Indianapolis, IN 46203

6 Beds

2 Baths

4,608 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $54

Subdivision A Dennys Sub J F Wingate

MLS Listing ID 22102056

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1930

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Property Description

Spacious and versatile 6-bedroom, 2-bath property offering exceptional flexibility and income-producing potential! Previously configured as a duplex, this unique home features two full kitchens, two separate living rooms, and a layout that easily accommodates multi-generational living, rental opportunities, or continued use as a boarding house. Currently operating with 4 tenants on weekly rent, the property already provides established cash flow for investors looking to expand their portfolio. Inside, you'll find generously sized rooms, multiple common living areas, and large basements that provide ample storage space and added functionality. The enclosed front porch creates a welcoming entry and a comfortable place to relax year-round, while the back deck offers additional outdoor space for entertaining or enjoying quiet evenings. Outside, the property includes 4 rear gravel parking spaces for tenant or guest convenience, along with a storage barn perfect for tools, equipment, or extra storage needs. With its adaptable layout, strong rental potential, and abundance of space, this property presents a rare opportunity for investors, house hackers, or buyers seeking flexible living arrangements. Whether you continue operating it as an income-producing property or reimagine it for your own needs, the possibilities here are endless!

Location

State IN

County Marion

Rooms

Basement Full, Storage Space, Unfinished

Interior

Interior Features Attic Stairway, Paddle Fan, Eat-in Kitchen

Heating Natural Gas

Cooling Window Unit(s)

Fireplace N

Appliance Dryer, Microwave, Electric Oven, Gas Oven, Refrigerator, Washer

Exterior

Exterior Feature Storage Shed

Building

Story Two

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Mia Chatman
Mia Chatman

Broker/Owner | License ID: RB17000298

+1(317) 500-5963

Indianapolis, IN, 46235, USA

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1741 Terrace AVE