$240,000

421 W 39th Street, Indianapolis, IN 46208

  • 4 beds |
  • 2 baths |
  • 1,118 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $215/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Located at 421 W 39th Street in Indianapolis, this 1907 two-story single-family home presents a strong opportunity for investors seeking a rental-ready or value-add property. The home offers four bedrooms and two full bathrooms, providing a functional layout that appeals to tenants needing flexible space. One bedroom includes a walk-in closet for added storage. A dedicated laundry room adds everyday convenience. The kitchen features shaker-style cabinets, stone countertops, a backsplash, and a chimney-style range hood, offering durable and practical finishes suitable for long-term use. Exterior features include a covered front porch, rear patio, and a fenced backyard - desirable amenities for renters. The lot offers manageable outdoor space with privacy potential. With its simple layout, solid updates, and a little TLC, this property is well-suited for buy-and-hold investors or those looking to expand their rental portfolio in the Indianapolis market.

Listing Status:
Active
Data Last Updated:
March 11, 2026 at 6:17AM
Listing Office:
Trueblood Real Estate : 317-775-1120
Listing Agent:
Michael Moore : 317-775-1120
MLS ID:
22085688
  • Appliances: DishwasherDryerGas Water HeaterMicroHoodElectric OvenRefrigeratorWasher
  • Laundry: Main Level
  • Basement: Cellar
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: Traditional
  • Other Structures: Covered
  • Parking: None
  • General: TwoBlockCrawl Space
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: H E & A Phelps Sub 42Ft E End L5 L6 & L7490614157001000801
  • Fencing: Partial
  • Water: Public
  • Source: mibor

This listing courtesy of Michael Moore , Trueblood Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James W. Riley Elementary School 43

150 W 40th St, Indianapolis, IN, 46208

Grades PK-8

0.36 miles away

J

James W. Riley Elementary School 43

150 W 40th St, Indianapolis, IN, 46208

Grades PK-8

0.36 miles away

S

Shortridge High School

3401 N Meridian St, Indianapolis, IN, 46208

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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