2949 Wallace Avenue

Indianapolis, IN 46218 (MLS #22067234)
$129,900
Beds
3
Baths
1
Square Ft.
888

Description

Welcome to 2949 Wallace Avenue, a prime investment opportunity offering strong, guaranteed cash flow. Currently vacant but with a signed Section 8 lease at $1,750 per month, this property provides immediate income potential with long-term stability. Featuring spacious living areas, updated finishes, and a low-maintenance design, it's ideal for investors seeking a turnkey addition to their portfolio. Located in a growing Indianapolis neighborhood with consistent rental demand, this home delivers both reliability and return-making it a smart, hassle-free investment you don't want to miss.
Courtesy of Compass Indiana, LLC.
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
888
Lot Size
0.12 Acres
Year Built
1955
MLS Number
22067234
Appliances & Equipment
Description: "Gas Water Heater", "Range Hood"
Building
Area: 888, Architecture: "Ranch", "Traditional", Building Area: 888, Construction Materials: "Vinyl Siding", Levels: "One", Year Built: 1955
Cooling
Details: "Central Air"
Exterior Features
Features: "Other"
Fireplaces
Total Fireplaces: 0
Garage
Other Garage Features: Guest Street Parking, Other
Heating
Heating: "Forced Air", "Natural Gas"
Kitchen
Other Features: Kitchen Updated
Laundry
Description: "In Unit", "Main Level"
Lot
Features: "City Lot", "Curbs", "Sidewalks", "Mature Trees", "Wooded", Acres: 0.12, MLS Acres: <1/4 Acre
Property
Description: "Smoke Alarm"
Utilities
Water Source: "Public", Utilities: "Cable Available", "Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Water Connected"

Area snapshot

30 Days Snapshot Of 46218
$0k
(avg) sold price
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homes sold
0%
(avg) days on market
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Nearby Schools
*Please check the school district website to see all schools in this area
IPS Butler University Laboratory School 55
Public
PK-8
Center For Inquiry School 27
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

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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