$230,000

3934 E 10th St Indianapolis, IN 46201

$2,731
Closing credit¹
0.1 acres
Multi-Family

Property details

About 3934 E 10th St

Investor alert! Don't miss this exceptional opportunity to add a cash-flowing, fully renovated duplex to your rental portfolio. This property features two income-producing units, both approved for Section 8 housing-ensuring consistent rent payments and reduced vacancy risk. The 3-bedroom, 1-bath unit rents for $2,200/month and includes updated finishes, a modern kitchen with stove, refrigerator, and microwave, plus in-unit laundry with a washer and dryer-an attractive feature for long-term tenants. The 2-bedroom, 1-bath unit is leased at $1,500/month and also includes a renovated kitchen with stove and refrigerator. All utilities are paid by the owner, streamlining tenant responsibilities and increasing rental desirability. With a total gross monthly rent of $3,700, this duplex offers immediate income and long-term upside in a growing rental market. This is a true turnkey property with no upfront renovation costs. Whether you're a seasoned investor or just getting started, this property is a smart buy with dependable returns. The tentative move in date for tenants is June 1, 2025.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Lot size0.13 Acres
Year built1930
MLS #22034654

Virtual tour

Summary

  • MLS Number: 22034654
  • MLS Name: MIBOR
  • Office Name: Redfin Corporation
  • Office Email: erica.shupert@redfin.com
  • Listing Agent: Erica Shupert

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 4/25/2025, 4:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of home featuring brick siding, fence, and a front yard

$230,000

3934 E 10th St

$2,731

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$105,400$2,923
2022$105,400$4,402
2021$96,600$2,860
2020$96,600$2,881
2019$92,900$2,966
2018$92,900$2,581
2017$91,000$2,334

History based on county public records data.

Nearby schools

3

Brookside Elementary School 54

Public District KG-6

0.7 mi

3150 E 10th St

3

Ralph W. Emerson Elementary School 58

Public District PK-6

0.7 mi

321 N Linwood Ave

4

Thomas D. Gregg Elementary School 15

Public District PK-6

1.3 mi

2302 E Michigan St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,361. Residents of Indianapolis, IN typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

62%
<35k
38%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

62%
Single, No Kids
18%
Single, with Kids
9%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
46%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3934 E 10th St in Indianapolis, IN and zip code 46201 in the E 10th Saint Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $230,000.

In March 2025, from all listings sold in Indianapolis, IN there were more than 193 sold above asking price, over 471 sold below and more than 246 were sold right at the asked price. The number of homes for sale in Indianapolis, IN increased by 12% between February and March 2025. In March 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $249,990.

From Rocket Homes Real Estate and based on county public records data.

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