For Sale

Listed by Michelle Jackson and Justin Jackson

Source: MIBOR Service Corporation #22102056

1741 Terrace Avenue, Indianapolis, IN, 46203

$250,000

6
2
4608 sq. ft.
7971 sq. ft.

SingleFam

15 days on the market

What's around 1741 Terrace Avenue

About this property

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!

Looking for more information on 1741 Terrace Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$474,999
1014 Harlan Street
Indianapolis city (balance) IN 46203
6
4
2
Single-Family
Listing courtesy of F.C. Tucker Company
For Sale
$710,000
1531 Spann Avenue
Indianapolis IN 46203
6
6
2
Single-Family
Listing courtesy of My Agent

Other properties for sale by Re/Max Advanced Realty

For Sale
$255,000
4538 Golden Meadow Ct
Indianapolis IN 46254
3
3
2
Single-Family
Listing courtesy of Re/Max Advanced Realty
For Sale
$349,900
249 Patriots Landing
Heritage Lake IN 46128
3
2
2
Single-Family
Listing courtesy of Re/Max Advanced Realty
For Sale
$325,000
9089 Stone Trace Boulevard
Avon IN 46123
2
3
2
Single-Family
Listing courtesy of Re/Max Advanced Realty

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 15 May 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent