505 W 40th Street, Indianapolis, IN 46208

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$250,000

bedrooms

bathrooms

square feet

Acreage

0.12

Open Houses

year built

1915

Full Baths

Half Baths

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Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood. Minutes from mid-town, Broad Ripple, interstate access, parks, schools, and much more! Enclosed, private back yard and separate enclosed front porches. 2-car detached garage for off-street parking. Appears to have been previously been 3 Bedrooms per side, but now converted to one unit having an extra large Primary Bedroom. 3 Bedroom/1 Bathroom and 2 Bedroom/1.5 Bathrooms on each side. Ability to finish off full basement space. Original woodwork, ornate brick fire places on each side, clawfoot tubs, raised ceilings and tons of Old World charm. Could be a great house hack to live in one side and pay the mortgage on the other; or an amazing long-term buy and hold. This is a must see!

Location
Subdivision	Columbia Place
County	Marion
Elementary School	James Whitcomb Riley School 43
Middle School	James Whitcomb Riley School 43
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 22032052

Listing agent: Chris Price #RB14030267

Listing broker: Keller Williams Indy Metro West (317) 271-5959

Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, April 26 2025 at 1:56 p.m. EDT

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