3251 Broadway Street, Indianapolis, IN 46205

Property Description

This classic Indianapolis duplex offers strong upside with solid bones, original character, and plenty of potential for additional value-add improvements. Featuring 9-foot ceilings, original hardwood floors, and a true wood-burning fireplace, the property still retains much of its historic charm. Seller has completed substantial updates over the years, including flooring and various interior improvements, while maintaining long-term stable tenants with intentionally below-market rents. One tenant has occupied the property for years. The basement is solid for the age with straight foundation walls, dry storage space, and no major visible signs of water intrusion. Mechanicals include a 2008 furnace in 3251 that has been well maintained. Unit 3251 mainly needs minor cosmetic improvements including paint, finishing work, and a thorough deep cleaning. Overall, this property presents an excellent opportunity for investors or owner-occupants looking to build equity in a historic Indianapolis property with strong long-term potential.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 3:18PM

Listing Office:

Trueblood Real Estate : 317-847-8873

Listing Agent:

Mamadou Gueye : 317-847-8873

MLS ID:

22104454

Interior

• Laundry: None

Exterior

• Style: Traditional
• Parking: Alley Access

Construction

• Roofing: Shingle
• General: Two

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Osgoods Forest Park Add L153490624142042000101
• Fencing: Fence Complete
• Current Use: Residential

Financial

• Source: mibor