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Listed by Nathaniel Wozniak • Berkshire Hathaway Home
$ 419,900
Est. payment /mo
Open 4/26 12PM-3PM
3041 S Kercheval DR Indianapolis, IN 46239
0.41 Acres Lot
Open House
Sun Apr 26, 12:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Suncrest
MLS Listing ID 22090607
Year Built 1954
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Duplex
Property Description
Income-producing opportunity with newer built units (2023-2024) and separation ideal for house hacking or multiple-occupancy living. This expanded property offers multiple independent living areas across approx. 3,325 sqft, creating a flexible setup for owner-occupants or small-scale investors seeking to offset housing costs or generate rental income. The main residence (approx. 1,624 sqft) includes 4 bedrooms and 2 full bathrooms, featuring an updated kitchen with granite countertops, stainless steel appliances, and refreshed cabinetry. A private primary suite with en-suite bath and walk-in closet adds to its rental or owner-occupant appeal. Major components including roof, flooring, windows, and mechanicals have been updated, reducing near-term capital expenditure risk. A separately accessible secondary living space (Built 2023-2024 - approx. 1,701 sqft) is configured for independent use, complete with a full kitchen, dedicated laundry, loft, and private entrance. This layout supports strong rental potential for long-term tenants, extended-stay occupants, or multi-tenant configurations. Comparable updated units in the area have achieved rents of approximately $1,300+/month (buyer to verify), with additional upside supported by the size, condition, and dual-living configuration of the property. The property sits on three parcels totaling nearly half an acre, offering additional flexibility for future use, expansion, or resale (buyer to verify). A detached flex/studio structure with electric and climate control provides added utility for workspace, storage, or supplemental income strategies. Additional features include ample parking, fenced yard, durable HardiePlank siding, well water with reverse osmosis systems, and multiple HVAC setups including newer units. Zoned D-5, allowing for a range of residential use scenarios. A strong fit for buyers seeking house hacking, multi-unit functionality, or a live-in investment with income potential and long-term upside.
Location
State IN
County Marion
Zoning D-5
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Zoned
Equipment Security System
Fireplace N
Exterior
Exterior Feature Storage Shed
Roof Type Shingle
Building
Story One and One Half
Foundation Slab
Architectural Style Craftsman, Ranch
Structure Type Brick,Cement Siding
New Construction false
Schools
Middle Schools Franklin Central Junior High
School District Franklin Township Com Sch Corp
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