4248 Graceland AVE, Indianapolis, IN 46208
4248 Graceland AVE, Indianapolis, IN 46208
4248 Graceland AVE, Indianapolis, IN 46208
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Listed by Zachary Canull • Canull Group LLC
$435,000
Est. payment /mo
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5,662 Sqft Lot
Active

4248 Graceland AVE Indianapolis, IN 46208

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Audri McGrane

Audri McGrane

+1(317) 509-9729

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Pomona Place

MLS Listing ID 22103421

Year Built 1920

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Attention investors & house hackers! Check out 4248-4250 Graceland Ave in Butler Tarkington. Both sides feature 3-bedroom, 2-bath units with updated kitchens boasting granite countertops, white shaker cabinets, stainless steel appliances, and tile backsplashes. Both units have eat-in dining nooks and mud rooms off the back door. Hardwood floors throughout, fenced in yards, and off-street parking via alley access add to the appeal. Vinyl windows, updated electrical & plumbing and French drains in the full basements are excellent for storage. 4248 side is currently tenant-occupied through April 2027 and professionally managed, providing immediate income and excellent house-hacking potential - let the tenant help pay your mortgage. Located within walking distance to Butler University, this property is ideal for student housing or continued rental income. Plus, the basements with side entrances offer exciting potential to add additional dwelling units. Don't miss this turnkey duplex in one of Indianapolis' most desirable neighborhoods. Only 10 minutes to downtown Indy or Broad Ripple.

Location

State IN

County Marion

Rooms

Basement Full, Storage Space, Unfinished, Walk-Out Access

Interior

Heating Forced Air

Cooling Central Air

Equipment None

Fireplace N

Exterior

Exterior Feature Not Applicable

Roof Type Asphalt

Building

Story Two

Foundation Block, Full

Architectural Style Traditional

Structure Type Cedar,Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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4248 Graceland AVE

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