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631 Terrace Avenue, Indianapolis, IN 46203
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$197,500
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Home Details for 631 Terrace Avenue
Price
$197,500
Type
Multi Family
Year Build
1902
Lot Size
0.08
County
Marion
Basement
Unfinished
MLS®️ Listing#
22039038
On exitrealty.com
150 days
Property Description
It's your lucky day! Buyer financing fell through so we're back on the market. Be part of the exciting revival of the Old Southside, Bates-Hendricks, and South Park neighborhoods. This early 20th-century duplex offers a unique opportunity for investors or visionary homeowners. With over 2,600 total square feet (m/l), the property is ready for renovation-restore it to its original single-family layout or update both units for solid rental income. The main level features 3 bedrooms and 2 full bathrooms, while the upper unit includes 1 bedroom and 1 full bathroom, accessible via a separate entrance. Whether you're looking to house hack, invest, or fully restore, there's plenty of space and potential to bring your vision to life. Explore the possibilities in one of Indy's most rapidly evolving areas, just minutes from downtown, restaurants, entertainment, and public transit. All appliances in the home stay.
Listing Courtesy: eXp Realty, LLC - 888-611-3912
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Last Updated: 2026-01-21 16:32:52
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