$119,800
Beds
2
Baths
1
Square Ft.
1,644
Description
Solid investment opportunity on the near north side of Indianapolis. This 2-bedroom, 1-bath bungalow was renovated in April 2023 and is currently leased through February 2026 to a tenant in the IHA/VA Section 8 program at $895/month. With no HOA and consistent rental income already in place, it's a great option for investors seeking steady cash flow. The home offers a functional layout and includes a full basement for additional storage or workspace. It's simple, efficient, and practical-easy for tenants to maintain and appealing for long-term occupancy. Located just minutes from downtown, Ivy Tech, and the Children's Museum, and a… Read More short drive from Frederick Douglass Park & Golf Course, this property sits in a convenient, well-connected area that continues to draw consistent rental demand. Whether you're adding to your portfolio or purchasing your first rental, this property is already performing and offers a dependable option in a growing part of the city. Schedule a showing today and see why this one makes sense on paper-and in person. Read Less
Courtesy of Keller Williams Indy Metro S.
Days Online
6
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,644
Lot Size
0.13 Acres
Year Built
1920
MLS Number
MBR22054001
Appliances & Equipment
Description: "None"
Basement
Description: "Unfinished"
Building
Area: 828, Architecture: "Bungalow", "Ranch", Building Area: 1644, Construction Materials: "Vinyl Siding", Levels: "One", Year Built: 1920
Cooling
Details: "None"
Exterior Features
Patio Features: "Covered"
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Electric", "Forced Air"
Laundry
Description: "Connections All", "In Basement"
Lot
Features: "Curbs", "Sidewalks", "Street Lights", "Suburb", "Mature Trees", Acres: 0.13, MLS Acres: <1/4 Acre
Utilities
Water Source: "Public"
Area snapshot
30 Days Snapshot Of 46208
$389k
(avg) sold price
+5%
21
homes sold
-25%
88
(avg) days on market
+27%
Nearby Schools
*Please check the school district website to see all schools in this area
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.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.

LockStep Realty
Always in Lockstep

Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~LockStepPlease Select Date
Please Select Type
Properties
Similar Listings
LockStep Realty
Pre-market List
Our dedicated team of reliable agents diligently scouts for these exclusive off-market opportunities, guaranteeing you access to exceptional properties in sought-after locales before anyone else.
Confirm your time
Fill in your details and we will contact you to confirm a time.

Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.