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3408 Winthrop Avenue

Indianapolis, IN 46205

ActiveListed Jul 14, 2026 · 2 days on market

Key facts

Lot
0.22 acres
Year built
1955
Type
Residential Income · Triplex
Stories
Two
MLS #
22113958
County
Marion
Subdivision
Mapleton-Fall Creek

About this home

Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood! There are 3 units, the main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer hookup. Second main level unit on back is a versatile studio/efficiency space complete with a private entrance, in-suite kitchen, and full bathroom. The third unit is an expansive upstairs area including one bedroom, one bathroom, and a dedicated office/flex space. There is ample parking space for a large number of occupants as well. This property is not only a fantastic investment, but also a perfect solution for those looking to offset their mortgage with rental income. The property is on 3 separate electric meters and 1 water meter. You don't want to miss this opportunity!

Description provided by the listing brokerage.

Interior

Condition
Updated/Remodeled

Exterior

Roof
Shingle
Construction
Stucco
Foundation
Block
Parking and garage
Gravel

Systems

Heating
Forced Air
Cooling
Central Air

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$8,680 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,799per month, estimated
Principal and interest $1,941Property tax $723Insurance $135
20% · $77,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$385,000
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