Active

Listing Tools

Income-producing single-family rental on the near east side of Indianapolis, offered at $150,000. This 2-bedroom, 1-bathroom home sits on a slab foundation and is currently occupied by a tenant in place approximately four years with a consistent payment history, providing immediate cash flow with no lease-up period. Approximately 768 square feet. Recent system ages include roof at eight to nine years, mechanical systems at approximately eight years, and flooring at approximately five years, with the most recent rehab completed roughly four years ago. The property averages about two maintenance calls per year and the tenant pays all utilities. No open code violations. Located in the Hawthorne Manor area with quick access to downtown Indianapolis and the Emerson Avenue corridor. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current lease and rent roll available upon request. Property sold as-is.

Property Details

Interior Features

Community

Other Details

Map Location

Listed by Max Moore of @properties (max@atpropertiesind.com)

 Based on information submitted to MIBOR as of August 9, 2026 6:35 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from CENTURY 21 Scheetz. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.