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2038 E Maryland Street

Indianapolis, IN 46201

ActiveListed Sep 17, 2026 · 1 day on market

Key facts

Lot
0.09 acres
Year built
2024
Type
Residential Income · Duplex
Stories
Two
MLS #
22126638
County
Marion
Subdivision
Christian Park

About this home

Built in 2024, this like-new duplex offers a rare blend of modern construction and immediate rental income in the heart of Indianapolis. Each unit features 3 bedrooms, 2 bathrooms, and 1,250 square feet of thoughtfully designed living space, with one unit situated upstairs and the other downstairs for added privacy between tenants. With contemporary finishes and energy-efficient systems throughout, both units offer the kind of low-maintenance appeal that today's renters and owner-occupants are looking for. One side is currently leased making this an ideal opportunity for an investor seeking immediate cash flow. Located just minutes from downtown Indianapolis, this property offers convenient access to local dining, shopping, and major employment corridors, making it an attractive option for tenants and a smart addition to any rental portfolio. Don't miss this turnkey, newly built duplex in a growing Indianapolis neighborhood.

Description provided by the listing brokerage.

Interior

Laundry
Laundry Room
Security
Smoke Detector(s)

Systems

Heating
Forced Air
Cooling
Central Air

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$5,626 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,490per month, estimated
Principal and interest $1,890Property tax $469Insurance $131
20% · $74,980
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$374,900
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