Price Reduction
Address
1338 Barth Avenue, Indianapolis, IN
Price
$ 630,000
Property Attributes
- MLS#22102547
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaCenter
- NeighborhoodBarth
- Zip46203
- StyleTraditional
- Year Built1880
- Taxes$ 5588
- Price$ 630,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2040
- Lot Size0.14 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property 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.
| Price History | |
|---|---|
| 5/16/2026 | Listed $650,000 |
| 8/6/2026 | 4$630,000 |
General Features
| Heating | Baseboard,Forced Air |
|---|---|
| Cooling | Central Air |
| Possession | Closing,Subject to Tenant Rights |
| Appliances | Dishwasher,Dryer,MicroHood,Electric Oven,Refrigerator,Washer |
| Patio/Porch Features | Covered |
| Architectural Style | Traditional |
| Construction Materials | Brick,Wood Siding |
| Year Built | 1880 |
| Township | Center |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Barth |
| Garage Y/N | No |
| Total Rooms | 7 |
| Full Baths | 3 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | Indianapolis Public Schools |
| MLS Area | 4910 - Marion - Center |
| Lot Size Square Feet | 5920 |
| Property Attached Y/N | Yes |
| Standard Status | Active |
| Tax Lot | 49-11-13-102-008.000-101 |
| Legal Description | Barth Hrs Add L1 B6 |
Interior Features
| Interior Amenities | Eat-in Kitchen,Wood Work Painted |
|---|---|
| Basement | Cellar |
| Basement (Y/N) | Yes |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
Exterior Features
| Fencing | Full |
|---|---|
| Water Source | Public |
| Foundation Details | Brick/Mortar |
| Building Area Total | 2040 |
| Lot Size Acres | 0.14 |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46203
Price
Taxes
Year Built
Visits
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Metropolitan Indianapolis may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: August 19, 2026 6:28 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 19, 2026 6:40 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
