838 Doctor M.L.K. Jr Street, Indianapolis, IN 46202

• 4 beds |
• 4 baths |
• 2,468 sqft

Property Description

Great investment opportunity in Historic Ransom Place, adjacent to the IU Indianapolis campus. This spacious four-bedroom home is being sold as is with immediate possession, a rare chance to add value in one of downtown's most historic neighborhoods. Hardwood flooring runs throughout the main and upper levels, and both the roof and water heater were replaced in 2025. The main level offers two bedrooms, an office, and multiple living areas, with a full bathroom on this floor and another full bathroom upstairs. The home also includes three additional rooms, each fitted with a bathtub and toilet (sinks located just outside), making the property well suited to multi occupancy, rental, or shared student housing right next to campus. Upstairs, a large bedroom and two bonus rooms could be combined into a primary suite or used as office, studio, or guest space. This home is being sold as-is. Walk to the Canal Walk and downtown Indianapolis, with easy access to I-65 and I-70.

Listing Status:

Active

Data Last Updated:

July 4, 2026 at 8:20PM

Listing Office:

MYL Realty, LLC : 317-764-7472

Listing Agent:

Jie Zhou : 317-764-7472

MLS ID:

22111117

Interior

• General: Hardwood Floors
• Appliances: Gas OvenRefrigeratorGas Water Heater
• Laundry: Main Level
• Basement: CellarUnfinished
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Other
• Other Structures: DeckCovered
• Parking: GravelNone

Construction

• General: TwoBrick/Mortar

Location

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

Lot

• Zoning: Wm Y Wileys Sub L10 Ol165 Ex 11.05Ft E End For St491102160185000101

Utilities

• Utilities: Cable ConnectedNatural Gas Connected
• Water: Public

Financial

• Source: mibor