# 3251 Broadway Street, Indianapolis, IN 46205

> **TL;DR:** multi-family, $309,900, built 1914.
> Basement. Est. $1,343/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $309,900 |
| Year Built | 1914 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,343 |
| **Total** | **$1,343** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1914
- 0.14 acre lot

## Description

### Agent Description
This classic Indianapolis duplex offers strong upside with solid bones, original character, and plenty of potential for additional value-add improvements. Featuring 9-foot ceilings, original hardwood floors, and a true wood-burning fireplace, the property still retains much of its historic charm. Seller has completed substantial updates over the years, including flooring and various interior improvements, while maintaining long-term stable tenants with intentionally below-market rents. One tenant has occupied the property for years. The basement is solid for the age with straight foundation walls, dry storage space, and no major visible signs of water intrusion. Mechanicals include a 2008 furnace in 3251 that has been well maintained. Unit 3251 mainly needs minor cosmetic improvements including paint, finishing work, and a thorough deep cleaning. Overall, this property presents an excellent opportunity for investors or owner-occupants looking to build equity in a historic Indianapolis property with strong long-term potential.

## Location

- **Address:** 3251 Broadway Street, Indianapolis, IN 46205
- **County:** Marion
- **Neighborhood:** Osgoods Forest Park
- **Coordinates:** 39.815453, -86.145836
- **Google Maps:** https://www.google.com/maps?q=39.815453,-86.145836

## Listing Agent

- **Name:** Mamadou Gueye
- **Brokerage:** Trueblood Real Estate
- **Phone:** 3178478873
- **Email:** mamadou@truebloodre.com

## Primary Photo

![3251 Broadway Street - Primary Photo](http://lh.rdcpix.com/fe09f9f060b8299fce3e5907a1e2fe68l-f1178867733r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/3251-broadway-street-indianapolis-in-46205-22104454)*

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**MLS#:** 22104454 | **Updated:** 2026-06-19
**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/3251-broadway-street-indianapolis-in-46205-22104454)

---

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