Great investment opportunity with value-add potential! This 4-bedroom, 1-bathroom single-family home features a functional layout with two bedrooms on the main level and two additional bedrooms upstairs. The home also includes a basement offering additional storage space and flexibility. The furnace was replaced in November 2025. Outside, the property features… Read More a large backyard perfect for entertaining, outdoor activities, or future improvements, along with a private driveway for convenient off-street parking. The home is conveniently located minutes from the interstate, providing easy access to Downtown Indianapolis and surrounding areas. The property is currently leased to a tenant, providing immediate rental income. Current rent is below market value, creating an excellent opportunity for a new owner to increase cash flow through future rent adjustments. This property is a great addition to any investment portfolio or an opportunity for an owner occupant looking for future flexibility. Read Less
Courtesy of Rize Commercial Realty LLC.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
1
Square Ft.
2,555
Lot Size
0.17 Acres
Year Built
1939
MLS Number
22114668
30 Days Snapshot Of 46218
$139k
+13%
(avg) sold price
33
+13%
homes sold
62
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: Other
Building
Area: 1533, Architecture: Traditional, Building Area: 2555, Construction Materials: Vinyl With Brick, Levels: Two, Year Built: 1939
Cooling
Details: Window Unit(s)
Exterior Features
Patio Features: Covered
Fireplaces
Total Fireplaces: 1
Heating
Heating: Natural Gas
Lot
Acres: 0.17, MLS Acres: <1/4 Acre
Utilities
Water Source: Public
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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