# 1741 Terrace Avenue, Indianapolis, IN 46203

> **TL;DR:** 6bd/2ba single family, $250,000 ($81/sqft), built 1930, 3,072 sqft.
> Basement. Est. $1,083/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $250,000 |
| Price/sqft | $81 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Square Feet | 3,072 |
| Year Built | 1930 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,083 |
| **Total** | **$1,083** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1930
- 0.18 acre lot

## Description

### Agent Description
Spacious and versatile 6-bedroom, 2-bath property offering exceptional flexibility and income-producing potential! Previously configured as a duplex, this unique home features two full kitchens, two separate living rooms, and a layout that easily accommodates multi-generational living, rental opportunities, or continued use as a boarding house. Currently operating with 4 tenants on weekly rent, the property already provides established cash flow for investors looking to expand their portfolio. Inside, you'll find generously sized rooms, multiple common living areas, and large basements that provide ample storage space and added functionality. The enclosed front porch creates a welcoming entry and a comfortable place to relax year-round, while the back deck offers additional outdoor space for entertaining or enjoying quiet evenings. Outside, the property includes 4 rear gravel parking spaces for tenant or guest convenience, along with a storage barn perfect for tools, equipment, or extra storage needs. With its adaptable layout, strong rental potential, and abundance of space, this property presents a rare opportunity for investors, house hackers, or buyers seeking flexible living arrangements. Whether you continue operating it as an income-producing property or reimagine it for your own needs, the possibilities here are endless!

## Location

- **Address:** 1741 Terrace Avenue, Indianapolis, IN 46203
- **County:** Marion
- **Neighborhood:** A Dennys Sub J F Wingate
- **Coordinates:** 39.748438, -86.129167
- **Google Maps:** https://www.google.com/maps?q=39.748438,-86.129167

## Listing Agent

- **Name:** Michelle Jackson
- **Brokerage:** RE/MAX Advanced Realty
- **Phone:** 3172980961
- **Email:** michelle@indyhomepros.com

## Primary Photo

![1741 Terrace Avenue - Primary Photo](http://lh.rdcpix.com/51e73cbc5ba209357cbdba3c1c8e5c37l-f959891754r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/1741-terrace-avenue-indianapolis-in-46203-22102056)*

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**MLS#:** 22102056 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1741-terrace-avenue-indianapolis-in-46203-22102056)

---

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