Key facts
- Beds
- 3
- Baths
- 1 full
- Living area
- 1,104 sqft
- Lot
- 0.1 acres
- Year built
- 1970
- Type
- Residential · Single Family Residence
- Stories
- One
- MLS #
- 22111656
- County
- Marion
- Subdivision
- Hosbrook Prospect
About this home
Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Other rooms and areas
- Rooms
- 5
- Main-level bedrooms
- 3
Exterior
- Construction
- Foundation
- Style
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $1,396 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give 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.
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