What to know about this one.
All brick, four bedrooms, and a long-term tenant already paying $1,550 a month, this is the kind of asset you hold for the long haul. Brick means less maintenance and lasting value, and four bedrooms means broad tenant appeal that never goes out of style. You're in the Forest Manor / Devington area, a near-northeast pocket seeing real reinvestment with easy access to I-70 and I-465. The current rent sits under market thanks to a low-turnover tenant, so there's upside on the next turn. Part of a 17-door Indianapolis rental portfolio bringing in over $19,000 a month, all sold separately or as a package. Sold as-is. Bring your offer.
Amenities
Property details
- Property type
- Single Family Residence
- Year built
- 1953
- Lot size
- 0.24 ac
- Garage
- 2 spaces
- Stories
- One
- County
- Marion
- MLS #
- MBR22109594
Features
- Appliances
- Electric Oven
- Double Oven
- Refrigerator
- Electric Water Heater
- Interior
- Attic Access
- Wood Work Painted
- Eat-in Kitchen
- Heating
- Electric
- Forced Air
- Natural Gas
- Cooling
- Wall Unit(s)
Estimate your monthly payment
- P&I $933
- Property tax $156
- Insurance $65
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 trust3603 N Irvington Avenue
Indianapolis, IN 46218