# 2941 Schofield Avenue, Indianapolis, IN 46218

> **TL;DR:** multi-family, $159,900, built 1945. Est. $693/mo. Listed 28 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $159,900 |
| Year Built | 1945 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 28 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $693 |
| **Total** | **$693** |

## Property Highlights

- Built in 1945
- 0.22 acre lot

## Description

### Agent Description
Investor portfolio opportunity in Indianapolis! Income-producing 4-unit multifamily package with strong cash flow and value-add potential. Ideal for investors seeking a buy-and-hold investment property, rental portfolio expansion, or long-term equity growth in a market with steady rental demand.  Each unit features a functional layout with opportunity to renovate, increase rents, and maximize returns. Current rental income includes Unit 2941 leased at $850/month through 5/31/2027 and Unit 2943 leased at $865/month through 5/31/2026. Additional units provide further income and upside potential.  Sold as-is. Must be purchased together with 2945 Schofield Ave as a package for $339,900. Interior photos shown are from unit 2945 Schofield Ave; finishes and condition of other units may vary. All showings must be scheduled through the 2945 Schofield Ave listing.

## Location

- **Address:** 2941 Schofield Avenue, Indianapolis, IN 46218
- **County:** Marion
- **Neighborhood:** Sangster Harrison
- **Coordinates:** 39.810204, -86.129696
- **Google Maps:** https://www.google.com/maps?q=39.810204,-86.129696

## Listing Agent

- **Name:** Shekinah Lewis
- **Brokerage:** eXp Realty, LLC
- **Phone:** 4633204950
- **Email:** Kinahlewis@klsignature.com

## Primary Photo

![2941 Schofield Avenue - Primary Photo](http://lh.rdcpix.com/6890755a694cdd9f2395eacba0ce1fe6l-f2946249136r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/2941-schofield-avenue-indianapolis-in-46218-22094423)*

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**MLS#:** 22094423 | **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/2941-schofield-avenue-indianapolis-in-46218-22094423)

---

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