What to know about this one.
Located in proximity to the rapidly developing Monon Yard neighborhood, this efficient 4-bedroom, 2-bath home offers strong investment potential and long-term upside. With estimated rents between $1,300-$1,500 per month depending on updates, it's ideal for investors seeking stable cash flow or buyers needing four bedrooms in a compact, low-maintenance footprint. The functional layout appeals to both families and roommates, and nearby redevelopment suggests continued appreciation and demand. Whether you're expanding a rental portfolio or looking for value in a growing area, this property combines immediate income potential with long-term growth tied to neighborhood transformation.
Property details
- Property type
- Single Family Residence
- Year built
- 1968
- Lot size
- 0.12 ac
- Stories
- One
- County
- Marion
- MLS #
- MBR22102251
Features
- Appliances
- Refrigerator
- Range Hood
- Interior
- Attic Access
- Heating
- Electric
- Baseboard
- Cooling
- Central Air
Estimate your monthly payment
- P&I $686
- Property tax $333
- Insurance $48
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust2943 Hillside Avenue
Indianapolis, IN 46218