838 Doctor M.L.K. Jr Street, Indianapolis, IN 46202

$255,000
4
BD
4
BA
2,668
SqFt

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List Price
$255,000
MLS#
22111117
Property Type
Residential
Bedrooms
4
Bathrooms
4
Sqft. of Residence
2,668
Year Built
1910
Days on Market
28
Status
ACTIVE

Property Description

Great investment opportunity in Historic Ransom Place, adjacent to the IU Indianapolis campus. This spacious four-bedroom home is being sold as is with immediate possession, a rare chance to add value in one of downtown's most historic neighborhoods. Hardwood flooring runs throughout the main and upper levels, and both the roof and water heater were replaced in 2025. The main level offers two bedrooms, an office, and multiple living areas, with a full bathroom on this floor and another full bathroom upstairs. The home also includes three additional rooms, each fitted with a bathtub and toilet (sinks located just outside), making the property well suited to multi occupancy, rental, or shared student housing right next to campus. Upstairs, a large bedroom and two bonus rooms could be combined into a primary suite or used as office, studio, or guest space. This home is being sold as-is. Walk to the Canal Walk and downtown Indianapolis, with easy access to I-65 and I-70.

Additional Information

Basement
Cellar, Unfinished
Foundation
Brick/Mortar
Stories
Two
Architecture
Other
Equipment
Smoke Alarm
Interior
Hardwood Floors
Acres
0.09
Heat
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Gas Oven, Refrigerator, Gas Water Heater
Region
Center
Areas
Bedroom Other on Main
Eating Areas
Dining Combo/Living Room

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Calculator source: Real Geeks

Listing courtesy of MYL Realty, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative