LKV Realty
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$630,000
$3,400Reward *
1338 Barth Avenue, Indianapolis, IN 46203Listing ID 22102547

1338 Barth Avenue, Indianapolis, IN 46203

Active
Barth
Time on site: 94 daysLast updated: Aug 6, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,040
Acres
Acres
0.14
Days on Site
Days on Site
94
Cooling
Cooling
Central Air
Heating
Heating
Baseboard, Forced Air
Year Built
Year Built
1880

This beautifully remodeled quadraplex offers a rare opportunity for an owner-occupant to build wealth while significantly offsetting their monthly housing expense. The property features two spacious and updated 2-bedroom, 2-bath units and two updated 1-bedroom, 1-bath units, all thoughtfully renovated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each feature a covered front porch, private rear patio, yard/green space, and rear parking, creating an ideal setup for an owner occupant looking to enjoy the benefits of a private residence while generating rental income from the remaining units. Three of the four units are currently leased, providing immediate income potential from day one. This property is especially attractive for buyers looking to utilize an owner-occupied mortgage program, as many primary residence loan options allow financing for properties with up to four units. This creates a unique opportunity to live in one unit while the rental income from the other three units helps substantially offset - and potentially cover - a large portion of the monthly mortgage payment. Located in the heart of highly desirable Fountain Square, the property is within walking distance to popular restaurants, entertainment, and local attractions, with easy access to downtown Indianapolis, Eli Lilly, and major downtown events.

Property Information

Property Details

Location

Address
1338 Barth Avenue
County
Marion
City
Indianapolis
Zip Code
46203
Subdivision
Barth
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
2
Full Bathrooms
3

Building

Building Information

Square Feet
2,040
Year Built
1880
Construction
Brick, Wood Siding
Foundation
Brick/Mortar

Property Taxes

Tax Year
2024
Highgarden Real Estate, (317) 205-4320

Market Report for 46203

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 12:03 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR16628