2968 N Arsenal Avenue
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2968 N Arsenal AvenueIndianapolis, IN 46218


Active
$250,000
Asking Price
5
Bd
5
Ba
1,924
Sqft
0.17
Ac Lot

2968 N Arsenal Avenue Indianapolis, IN 46218


Single Family Property Type
33 daysTime on Dwellane
$130Price per sqft
1920Year Built
Basement
Excellent Investment Opportunity - Income-Producing Duplex! This versatile property offers strong rental potential with two distinct living spaces: Main Level Residence: Spacious and well-maintained, featuring 3 bedrooms and 3 bathrooms, perfect for owner occupancy or long-term rental. Upper-Level Apartment: A charming 2-bedroom, 2-bath unit with unique character. While it doesn't have a designated living room, it includes two cozy alcoves off the kitchen. One bedroom can easily be repurposed as a living space if rented as a one-bedroom unit, offering flexible layout options for tenants. Recent updates have been made in the past few years, and the property is being sold As-Is, Where-Is. Additional features include: Fenced-in backyard - ideal for pets or privacy Gravel off-street parking in the rear Washer/dryer hookup in the upstairs apartment Dedicated laundry area for the main level in the basement Whether you're an investor or looking to live in one unit while renting the other, this property has the potential to generate immediate income!

Approximate location on a geospatial gridEast Indy
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Year Built

1920

City

Indianapolis

Type

Single Family Residence

Neighborhood

Fall Creek Corridor

County

Marion

Lot Size

0.17 ac / 7,275 sqft

Bedrooms

5

Full Bathrooms

5

Half Bathrooms

0

Living Area Total

1,924 sqft

Price per sqft

$129.94

Living Area Main & Upper

1,674 sqft

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Listing Agent

Constance Quizon
317-397-3311

Listing Provider

Brooks Real Estate Services

MLS #

22039527

Source

MIBOR as distributed by MLS GRID

Last Modified

Wed May 21 2025

Listed on

Sun May 18 2025


Property History

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Fall Creek Corridor

Approximate location on a geospatial gridEast Indy
Fall Creek Corridor media

The Fall Creek Corridor spans a collection of historic and evolving neighborhoods along the Fall Creek waterway, connecting some of Indianapolis’s most recognizable landmarks with everyday community spaces. This stretch includes Fall Creek Place, Mapleton-Fall Creek, Herron-Morton Place, and Kennedy-King — each with its own character, mix of housing, and neighborhood anchors. The Fall Creek Greenway is a central thread, offering a scenic multi-use trail system for walking, biking, and connecting to the Monon Trail and White River paths. Along the way, residents encounter curated green spaces like the Fall Creek Place Arboretum, Craig Kids Memorial Park, George E. Kessler Park, and the serene Watson Road Bird Preserve, each contributing to a lifestyle rich in outdoor access.

This area is also home to many cultural, educational, and community-driven institutions. The Children’s Museum of Indianapolis anchors the west end of the corridor, while performance spaces like Footlite Musicals and the historic Martin Luther King, Jr Park — home to the Landmark for Peace Memorial — highlight the region’s deep cultural roots. Herron High School, St. Richard's Episcopal School, and Ivy Tech Community College serve local families and students, while nearby institutions like Tabernacle Presbyterian Church and CITYOGA School of Yoga and Health offer space for connection and wellness. Crown Hill Cemetery, one of the largest cemeteries in the country, is both a historic site and popular destination for walking and events.

The food and drink scene continues to expand, with local favorites like Blue Mind Coffee, Goose the Market, and PROVIDER Coffee & Cocktail Lounge offering go-to options for neighbors and visitors alike. Dining spots such as Kountry Kitchen, Tinker Street, Bocca Restaurant, MashCraft Brewing, and Baby’s Indy reflect the corridor’s range of tastes and atmospheres. You’ll also find Gather 22 for brunch and art, Foundry Provisions for coffee and community events, and new venues like West Fork Whiskey Co. bringing energy to the area. For books and local culture, Loudmouth Books adds a literary presence. Altogether, the Fall Creek Corridor offers a location that’s connected, walkable, and full of places to explore—whether you’re enjoying a trail run, catching a show, or meeting friends for coffee.

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