Indianapolis IN Homes for Rent
- Type:
- Single Family
- Sq.Ft.:
- 2,231
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.17 Acres
- Year built:
- 1989
- Baths:
- 3.00
- MLS#:
- 22098225
- Subdivision:
- Meridian Woods Manor
ADDITIONAL INFORMATION
RENOVATED & UPDATED! This move-in-ready 3-bedroom, 2.5-bath multi-level home is filled with modern upgrades and stylish finishes throughout. Step inside to fresh interior paint and a bright, inviting living area featuring a large masonry fireplace-perfect for cozy evenings. The beautifully remodeled kitchen offers granite countertops, a large stainless steel sink, stainless steel appliances, a gas stove, and plenty of cabinetry for storage. Both full bathrooms have been upgraded with high-tech LED mirrors and sleek new vanities. A spacious sunroom/bonus room adds flexibility for entertaining, a home office, or additional living space. Outside, enjoy fresh exterior paint, a large wood deck, and a beautifully landscaped yard-all tucked on a quiet cul-de-sac. A long driveway and 2-car garage provide ample parking and convenience. With updates everywhere you look, this home is ready for its next owner!
- Type:
- Single Family
- Sq.Ft.:
- 2,741
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- 4.00
- MLS#:
- 22095567
- Subdivision:
- Addie Nichols N Park
ADDITIONAL INFORMATION
Stop sacrificing location for modern luxury! What if you could have a completely remodeled, move-in-ready masterpiece right in the cultural heartbeat of the city? Imagine leaving your car at home and strolling to the Children's Museum or Polin Park on a beautiful weekend. This is not just a house; it's a lifestyle upgrade with the ultimate freedom of NO HOA. From the moment you step through the door into the charming, sunlit enclosed front porch space, you will feel the meticulous care put into this top-to-bottom renovation. Gorgeous new flooring and crisp, fresh paint lead you into a massive living room anchored by a cozy, brick-surround fireplace. Entertain effortlessly as the layout flows into an expansive dining area and an updated chef's kitchen. Featuring gleaming quartz countertops, a modern tile backsplash, ample cabinetry, and brand-new stainless steel appliances, this space is ready for your next gathering. A luxurious full bathroom with a custom, fully-tiled walk-in shower and a convenient main-floor laundry room perfectly complete this level. Upstairs, the primary suite is has its own beautifully updated en-suite bathroom. Two additional bedrooms-including one with the rare luxury of two walk-in closets-ensure everyone has their own dedicated space. But the absolute showstopper lies below. The fully finished basement isn't just extra space; it's essentially a complete second home! With its own full kitchen, a beautiful full bathroom, a potential utility area, and a massive living space with a walk-in closet, this level is the ultimate optional in-law suite, luxury guest quarters, or epic 4th bedroom suite. With the stunning bathrooms, dual kitchens, and no HOA restrictions in a premier walkable location, this unicorn property offers unimaginable flexibility. Schedule your in-person showing today, before someone else claims your dream lifestyle! Photos have been virtually staged.
- Type:
- Single Family
- Sq.Ft.:
- 1,682
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.35 Acres
- Year built:
- 1975
- Baths:
- 3.00
- MLS#:
- 22098658
- Subdivision:
- Holly Hills
ADDITIONAL INFORMATION
Brick/Vinyl 3 Beds and 2.5 Baths home in Perry Township. Beautiful kitchen that opens up to upper living room and dining area. Additional room added to the back of home that can also use as a second living room. The main level has a half bath and another great sized living room. Huge backyard with fully fence to enjoy your summer nights. All appliances convey with the sale. Close to public schools and shopping centers, with easy access to Highway I-65 and a short drive to downtown Indianapolis and Greenwood. No HOA
Open House:
Thursday, 5/21 9:00-10:00PM
- Type:
- Single Family
- Sq.Ft.:
- 1,960
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.24 Acres
- Year built:
- 1961
- Baths:
- 3.00
- MLS#:
- 22097246
- Subdivision:
- Falenders Meadowood
ADDITIONAL INFORMATION
Speedway living with room to enjoy both everyday comfort and race-day energy. This tri-level offers a practical layout with a welcoming living room, dining area, and kitchen positioned for easy flow through the main level. Upstairs includes three bedrooms and two full bathrooms, while the lower level provides a fourth bedroom, rec room, half bath, and fireplace for added warmth and flexibility. The backyard adds even more to love with a rear deck, mature trees, generous green space, and a storage shed. Located close to the Indianapolis Motor Speedway, local restaurants, shopping, parks, and convenient interstate access. No HOA, and a home warranty is included at no additional charge.
- Type:
- Single Family
- Sq.Ft.:
- 4,092
- Status:
- Active
- Beds:
- 4
- Lot size:
- 2.02 Acres
- Year built:
- 1927
- Baths:
- 3.00
- MLS#:
- 22096853
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Own a piece of Indianapolis history with this Beautiful Colonial inspired home on 2.2 acres with mesmerizing views from all windows on the back of the home overlooking a luscious forest. Fishback Creek at bottom of canyon,Kayak to Eagle Creek from your own property. 2.2 mi Home was built by an Indiana Governor for his Mother in 1927. Their garage was the first garage in Indianapolis built. Lovingly called the White House, this Home has enjoyed wonderful stewards by its past & current homeowners. All upgrades have been thoughtfully carried out ensuring that the home's character and integrity was kept in place. Original Hardwood floors completely refurbished in 2026 (lifetime warranty). Main level Oak Floors/Upper Level center cut pine. Wood stairwell original as well. Kitchen has been tastefully updated & shares the dining area both of which overlook the spectacular views through floor to ceiling windows along the entire exterior wall. Refrigerator 2025, Dishwasher 2024, Electrolux Stove. Other fun original finds throughout the home include glass door knobs, light fixtures, wood ceiling in Dining Room, exterior wrought iron fence, doorbell, porch benches, Upper level bath tile work. 2 Bedrooms on lower level offer versatility for a Main Floor Primary or an In-Laws suite. Homeowners have meticulously maintained the home: Main floor painted 25,Gutter Guards 24, tiled front porch 23, Dual zone HVAC 23, Water Heater 23, upper level painted 23, All windows replaced 19. Roof & gutters 19, Paver walkway to Covered porch new, Laundry Room area newly remodeled, new electrical panel & baseboard heater. Sauna stays. Basement w/Family room & 2 huge Storage areas. 2 Car garage built in 18 w/tons of storage in the floored attic. Room to build another garage if so desired. Property completely fenced in. Beautiful grounds with picket fencing, original wrought iron fence, paver paths, back paver patio w/firepit, hot tub stays, new back deck with unbelievable views
- Type:
- Single Family
- Sq.Ft.:
- 2,400
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.21 Acres
- Year built:
- 1930
- Baths:
- 3.00
- MLS#:
- 22098447
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Located in highly desirable Franklin Township, this beautifully rebuilt home was taken down to the studs and completely reconstructed just three years ago, offering the perfect blend of modern updates and peace of mind. Every detail has been thoughtfully upgraded, creating a home that feels nearly new throughout. The property features a spacious three-car garage with impressive 10-foot-tall doors, ideal for larger vehicles, storage, or a workshop setup. Inside, you'll find updated finishes, contemporary style, and a layout designed for both comfort and functionality. With all major components recently redone, this home is truly move-in ready and provides low-maintenance living for years to come. A rare opportunity to own a fully updated home in a sought-after location-ready and waiting for its next owner to enjoy.
- Type:
- Single Family
- Sq.Ft.:
- 3,153
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1950
- Baths:
- 4.00
- MLS#:
- 22098606
- Subdivision:
- Arden
ADDITIONAL INFORMATION
Welcome to 7050 N. Park Ave., a beautifully updated 4-bedroom, 3.5-bath home in the heart of Arden-one of Indianapolis' most sought-after neighborhoods. This immaculately maintained residence offers rare flexibility for the area, featuring three distinct living spaces ideal for both everyday living and entertaining. Enjoy inviting front and back porches that extend your living outdoors, perfect for relaxing or gathering with family and friends. Inside, the home blends timeless character with thoughtful modern updates throughout. The backyard provides a serene, private setting-an uncommon find in Arden-offering space to unwind or entertain. With its combination of location, finishes, and versatile living spaces, this home is a standout opportunity in one of the city's premier neighborhoods.
- Type:
- Single Family
- Sq.Ft.:
- 1,696
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.07 Acres
- Year built:
- 1955
- Baths:
- 2.00
- MLS#:
- 22095053
- Subdivision:
- Nordyke & Hollowells
ADDITIONAL INFORMATION
Not everything at this price point looks like this - but 2641 Guilford Ave does. This fully renovated 3-bedroom, 2-bath home in the Monon Yard neighborhood has been updated from top to bottom with the kind of finishes that feel genuinely current and carefully chosen. Nearly 1,700 finished square feet of bright, open living space with luxury vinyl plank floors, recessed lighting, and a level of finish consistency that carries through every room. The kitchen is the centerpiece - white shaker cabinetry, quartz countertops, subway tile backsplash, stainless appliances, and open shelving that gives the space a clean, modern feel without trying too hard. Both bathrooms are fully updated with fresh tile, new vanities, and quality fixtures. The dining and living rooms maintain an air of the original 1950's charm. Nestled at the corned of 26th and Guilford, this home is located in one of Indianapolis's most compelling urban corridors right now - walkable to Monon 30, steps from the Monon Trail, and at the center of a growing wave of community investment. The city is actively planning the redevelopment of a 16-acre site just blocks away known as "The Bulge" - a former railyard with a vision plan for housing, retail, green space, and community amenities. The momentum here is real, and it's building. A move-in ready home in a neighborhood on the rise. Come see it before someone else does.
- Type:
- Single Family
- Sq.Ft.:
- 899
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.08 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- 22097328
- Subdivision:
- Dunlop & Tutewilers
ADDITIONAL INFORMATION
Welcome to 440 Terrace Ave where charm, convenience, and location come together in all the right ways. Nestled in the heart of Bates-Hendricks, one of Indianapolis' fastest-growing neighborhoods, this 2-bedroom, 2 full bathroom home is the perfect blend of historic character and modern-day comfort. But let's talk about what really makes this one stand out... location. You're less than 5 minutes from downtown Indianapolis close enough to enjoy the restaurants, nightlife, and events whenever you want, but tucked away just far enough to enjoy peace, parking, and a true neighborhood vibe. If you've been waiting for the right home in the right area... this is it. Don't blink! Homes like this are gone fast.
- Type:
- Single Family
- Sq.Ft.:
- 600
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.22 Acres
- Year built:
- 1930
- Baths:
- 1.00
- MLS#:
- 22098750
- Subdivision:
- Indianapolis Heights
ADDITIONAL INFORMATION
Attention all homeowners and investors this home has gone through a full renovation includes appliances, an older central furnace, and new mini-splits for heat and AC. There's a large, fully fenced yard with the potential to be divided by another fence. Plenty of parking-off-street, along the fence line, and pull-up by the garage. Property is Tenant Occupied on a month to month basis
- Type:
- Single Family
- Sq.Ft.:
- 2,044
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.12 Acres
- Year built:
- 1955
- Baths:
- 3.00
- MLS#:
- 22098367
- Subdivision:
- No Subdivision
ADDITIONAL INFORMATION
Welcome to this fully remodeled 4-bed, 3-bath, two-story single-family home features a big open layout with high ceilings. It includes brand-new stainless steel appliances, a newer roof, a full central HVAC system (furnace and AC), a new water heater, fully updated plumbing and electrical with a new electrical box, meter, and base, a newly built back deck, a big backyard, and plenty of parking both in the front and the back. Home is currently tenant occupied, with a month to month lease term.
- Type:
- Townhouse
- Sq.Ft.:
- 1,045
- Status:
- Active
- Beds:
- 1
- Lot size:
- 0.06 Acres
- Year built:
- 1965
- Baths:
- 1.00
- MLS#:
- 22098729
- Subdivision:
- Heron Lake
ADDITIONAL INFORMATION
Wake up to peaceful water views and unwind each evening surrounded by nature in this charming 1-bedroom, 1-bathroom home overlooking the lake. With breathtaking scenery right outside your window, this home offers a rare blend of tranquility and everyday convenience. Inside, you'll find beautiful hardwood floors and generously sized rooms that create a warm, inviting atmosphere-perfect for hosting friends or enjoying a quiet afternoon with a good book. Natural light pours in, enhancing the cozy yet open feel throughout the home. Step outside to your screened-in patio, where mornings begin with coffee and calm lake views, and evenings are spent listening to the sounds of nature and watching local wildlife pass by. It's your own private escape, just steps from your living room. Within the community, enjoy a scenic walking trail that wraps around the lake, offering the perfect setting for peaceful strolls, morning exercise, or simply taking in the beauty of your surroundings. All of this, while being conveniently located near shopping, dining, and everyday essentials, giving you the best of both worlds-serene lakeside living with easy access to everything you need. Whether you're looking for a quiet retreat or a place to slow down and savor life, this lakeside gem is ready to welcome you home.
- Type:
- Single Family
- Sq.Ft.:
- 1,744
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.2 Acres
- Year built:
- 1986
- Baths:
- 3.00
- MLS#:
- 22098438
- Subdivision:
- Washington Meadows
ADDITIONAL INFORMATION
Move in Ready 2 Story, 4 Bedroom, 2.5 Bath, 2 Car Garage on a Cul De Sac with a Partially Fenced Rear Yard. All Appliances included. Ready to Close Today
- Type:
- Condo
- Sq.Ft.:
- 443
- Status:
- Active
- Beds:
- 1
- Year built:
- 1907
- Baths:
- 1.00
- MLS#:
- 22098364
- Subdivision:
- Renaissance Tower
ADDITIONAL INFORMATION
Discover urban living at its finest in this downtown Indianapolis condo. This stylish 1-bed, 1-bath unit boasts a charming bay window, flooding the space with natural light. Situated for convenience, enjoy proximity to Bottleworks, Mass Ave, and all downtown attractions. Easy highway access simplifies commuting. Embrace low-maintenance living with on-site laundry and a dedicated parking space. Ideal for those seeking the pulse of city life without sacrificing comfort. HOA fee includes wireless internet, basic cable, water and gas. Property can be sold fully furnished.
- Type:
- Single Family
- Sq.Ft.:
- 1,920
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.1 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 22098459
- Subdivision:
- State Square
ADDITIONAL INFORMATION
Enjoy vibrant city living or capitalize on a prime investment opportunity with this beautifully renovated 4-bedroom, 2-bath home. Located just a short walk from Fountain Square with easy access to downtown Indianapolis, this property offers the perfect blend of convenience and modern comfort. Updates include electrical and plumbing systems, along with new flooring, drywall, insulation, and exterior all completed in 2020-making this home truly move-in ready. Don't miss your chance to own this exceptional property-schedule your private tour today!
- Type:
- Single Family
- Sq.Ft.:
- 1,024
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.13 Acres
- Year built:
- 1941
- Baths:
- 1.00
- MLS#:
- 22097637
- Subdivision:
- Kellys Hollywood
ADDITIONAL INFORMATION
Located in the desirable Christian Park neighborhood, this well-maintained bungalow offers 3 bedrooms, 1 bathroom, and 1,064 SqFt of move-in ready living space. The main level features original hardwood floors, a spacious living room filled with natural light, and a dedicated dining area that flows into the kitchen with all appliances included. The unfinished walk-out basement provides direct access to the fenced backyard and offers strong potential to expand the home's livable footprint-ideal for future finishing, a secondary living area, or additional storage. The outdoor setting offers a quiet retreat with a mini-barn for storage, while the property also includes an oversized one-car garage. Conveniently located just steps from Christian Park with easy access to downtown Indianapolis and major local highways. Schedule your showing today!
- Type:
- Single Family
- Sq.Ft.:
- 2,614
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.18 Acres
- Year built:
- 2026
- Baths:
- 3.00
- MLS#:
- 22098508
- Subdivision:
- Grayson
ADDITIONAL INFORMATION
Welcome to 3918 Quinn Road - a beautifully designed new construction home for sale in Indianapolis. This 2-story home offers a thoughtful floorplan with 4 bedrooms, 2.5 bathrooms, a flex room, a loft space, a 2-car garage, and more! Step inside to discover a spacious open-concept living space that creates a seamless flow between the main gathering areas. The quality of design is evident throughout, from the well-crafted finishes to the carefully planned layout that balances everyday comfort with refined style. This home is situated in a welcoming neighborhood with convenient proximity to local parks, making it easy to enjoy outdoor activities and green spaces. The surrounding area offers a friendly atmosphere that residents appreciate year-round. From the generous living areas to the well-appointed finishes, this home delivers a living experience that is both comfortable and stylish. The upper-level owner's bedroom provides a private retreat, while the overall layout ensures each space serves a clear purpose. Make your new home dreams come true at 3918 Quinn Road!
- Type:
- Single Family
- Sq.Ft.:
- 1,786
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.19 Acres
- Year built:
- 1985
- Baths:
- 3.00
- MLS#:
- 22098324
- Subdivision:
- Hearthstone
ADDITIONAL INFORMATION
Fabulous Home in Much Desired Hearthstone! Super Location Close to Shopping, Dining, Sahm Park, Golfing, Castleton, Fishers and Highways for Easy Commute! You will be WOWED as You Step on the Large Covered Front Porch and into the Spacious Great Room with Custom Stone Built-In, Soaring Cathedral Ceiling, Beautiful Wood LVP Floors and Massive Full Wall Stone Fireplace! And then You'll be Amazed as you Enter the Gorgeous Totally Updated New Kitchen with New Cabinets, GRANITE Countertops, Tile Backsplash and Stainless Appliances!! Also on the Main Level is a Large Rear Family Room Perfect for Relaxing or Entertaining, a Spacious Dining Room for Dinner Parties or Comfortable Everyday Use, and a Fresh-Look Laundry Room with Custom Built-Ins! Upstairs are 3 Large Bedrooms with Nice Primary Suite with Roomy Walk-in Closet and Updated Elegant Bath with Awesome Walk-in Shower! All this Plus a 2 Car Garage and Sitting on a Lovely Homesite with Large Back Yard, Mini Barn and Huge Custom Rear Patio!! Pristine Move-in Condition with Newer Roof, HVAC, Water Heater, Lighting, Fresh Paint and Much More!
- Type:
- Single Family
- Sq.Ft.:
- 1,740
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.77 Acres
- Year built:
- 1955
- Baths:
- 1.00
- MLS#:
- 22098289
- Subdivision:
- Jensen Garden Hts
ADDITIONAL INFORMATION
This charming single-family residence, built in 1955, offers a comfortable 1088 square feet of living space plus 1088 sq ft basement that is partially finished with a bar and fireplace. This delightful ranch-style home spans a single story, offering convenient living. Main level features include entry open to large living room with nice large window over looking front lawn, Kitchen with wood cabinets and all appliances, three bedrooms, providing ample personal space. A full bathroom serves the home's needs with practical design and a breezeway-sunroom with four doors opening to side porch, kitchen, garage and deck. The expansive .77 of an acre lot offers significant outdoor potential. Private multi-level deck and pool provide for outside enjoyment. Plus a large fenced in back yard with great storage barn. An attached 3 car garage provides ease and security plus cabinetry for storage or workshop. Driveway is big enough for ?#?, not sure how many cars, but a lot! This cozy home is ready for you to move in. Envision your future in this delightful property! A Must See!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 22097886
- Subdivision:
- Jefferson Park
ADDITIONAL INFORMATION
Great investment opportunity at 767-769 N Elder Ave. This property is a fantastic opportunity for an investor or buyer looking to renovate and make it their own. The sale also includes the adjacent vacant lot at 763 N Elder Avenue, providing additional possibilities for expansion, development, or added outdoor space. Property is being sold as-is.
- Type:
- Single Family
- Sq.Ft.:
- 2,236
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.34 Acres
- Year built:
- 1964
- Baths:
- 2.00
- MLS#:
- 22095689
- Subdivision:
- Hill Valley Estates
ADDITIONAL INFORMATION
Beautiful Hill Valley home with tons of updates sitting on a .34 Acre lot! Updated kitchen has NEW Granite counter tops, Stainless Steel appliances, vinyl plank floors and has a vaulted ceiling that carries into the great room giving it a very open floor plan. The home has all new flooring and paint throughout the home.New ceiling fan/lights in all bedrooms. Main level also has 3 bedrooms and a full bath with updates too. Lower level is huge and open (with the ability to make a 4th bedroom if needed. Lower level also has a Full bath that has been updated and a laundry room. Garage is an oversize 2 car with a 20' long workshop on the backside of it. Other updates include: New gutters, Roof 9 yr old, HVAC 7 yr old, Wtr.Htr. 2 yr old, newer vinyl windows, New storage barn and exterior paint newer as well. Garage is a rear loading. The home has a big back yard for lots of fun activities.
- Type:
- Single Family
- Sq.Ft.:
- 1,576
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.27 Acres
- Year built:
- 1948
- Baths:
- 2.00
- MLS#:
- 22098101
- Subdivision:
- Anchorage
ADDITIONAL INFORMATION
Welcome home to this charming Wayne Township retreat, where fresh carpet and new paint create a clean, inviting feel from the moment you step inside. A second living space offers flexibility for relaxing, gathering, or working from home. Out back, a huge fenced yard is ready for play, pets, and peaceful evenings, while the covered porch is perfect for morning coffee or winding down at the end of the day. With appliances included and quick access to the interstate, this move-in ready home blends comfort, convenience, and space to make your own.
- Type:
- Single Family
- Sq.Ft.:
- 1,618
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.09 Acres
- Year built:
- 2017
- Baths:
- 3.00
- MLS#:
- 22098108
- Subdivision:
- Central Greens
ADDITIONAL INFORMATION
Welcome to this stunner in Central Greens. Pride of ownership shines in the beautiful 3 bed, 2.5 bath home! Open concept living at it's finest on the main level, perfect for entertaining. Kitchen boasts large kitchen island, stainless steel appliances, and soft close cabinets. Out back you'll find a quiet porch, fenced in yard, and detached 2 car garage. Upstairs you'll find all 3 charming bedrooms. Primary bath has dual vanities, and tiled walk-in shower. So much activity going on around this area. With a short drive to all downtown life, and a budget friendly price. Don't let this opportunity pass you by!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 22098301
- Subdivision:
- State Plaza
ADDITIONAL INFORMATION
A 16-unit building bringing in $15,910 a month with another $2,890 sitting on the table once you fill the two vacant units. Two side-by-side 8-unit buildings at 2008 and 2012 E Washington, sold together as one package. Every unit is a one-bed, one-bath layout, fully renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so turnovers don't turn into a rekey project. Fourteen units are leased today. Rents run from $1,060 to $1,175, with most around $1,130. Stabilized at $1,175 across all 16, the property produces $18,800 a month, or $225,600 a year. Two of the eight units in 2008 are vacant and turn-ready. Lease them up and that upside is yours, no renovation required. The expense side is clean. Seventeen months of seller actuals show operating expenses averaging about $5,041 a month, or just over $60,000 a year. Insurance is one blanket policy across both buildings. Trash, pest, internet, and taxes are flat fixed costs. Maintenance ran a little hot in late 2025 while leaks were chased down, and that line is trending back to baseline now. At stabilized occupancy, expenses level out around $5,216 a month and net operating income lands near $163,000 before debt. Each building runs on two central HVAC systems, four across the package. Shared parking in the rear gives every tenant one space. Roof, electrical, plumbing, and HVAC were all inspected at acquisition and reports are available. East Washington is one of the more active corridors in Indianapolis right now. New businesses, real neighborhood investment, and quick access to downtown, Fountain Square, and Irvington. You're buying into the path of growth, not chasing it. Rent roll, profit and loss, and the full deal package are ready for qualified buyers.
- Type:
- Single Family
- Sq.Ft.:
- 1,688
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.05 Acres
- Year built:
- 1986
- Baths:
- 2.00
- MLS#:
- 22096866
- Subdivision:
- Muir Woods
ADDITIONAL INFORMATION
Single level low maintenance living. Great location near resturants, shopping, and amenities. Enjoy this 2BR/2BA home with separate dining and den space. Walking up to the front door, you will notice the huge front porch perfect for catching up with friends and neighbors. Upon entry, the large great room with stunning masonry fireplace and soaring ceilings. Connect to the great room is a 3-seasons room overlooking a private tree line. Cute kitchen with white cabinetry and a charming eating area or entertain in the formal dining space. Need an office? This home has a dedicated office space that could be separated into a 3rd bedroom if needed. Two spacious bedrooms. The en suite also features vaulted ceilings, private view, huge bathroom w/ his/her closets, water closet, and separate tub/shower. See attachments for owner responsibility vs. HOA responsibility. HOA covers A LOT!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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 or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Indianapolis Real Estate
The median home value in Indianapolis, IN is $255,000. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $255,000. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana has a population of 880,104. Indianapolis is less family-centric than the surrounding county with 26.56% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis is 34.3 years.
Indianapolis Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.