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Listed by Max Moore • @properties
$280,000
Est. payment /mo
8 Beds
4 Baths
1,437 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,437 sqft
Price per Sqft $194
Subdivision Shelbys 1St Sub
MLS Listing ID 22081721
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1957
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Property Description
$4,950/month in rental income - this rent-by-the-room property is CASH FLOWING. 2636 Ethel Ave is a 9-bed, 4-bath income-producing machine currently rented by the room and generating nearly $60,000/year in gross revenue. Part of a 4-property rent-by-the-room portfolio, this spacious layout features dual kitchens, making it perfectly suited for room-by-room tenant placement. Located in the vibrant Near Northwest corridor just minutes from Long's Bakery, Goose the Market, and the Children's Museum of Indianapolis. If you're looking for a turnkey rent-by-the-room investment with proven income from day one, this is it.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 6
Interior
Interior Features Attic Access
Heating Electric
Cooling Central Air
Fireplace Y
Appliance Electric Cooktop, Refrigerator
Building
Story One
Foundation Block
Water Public
Architectural Style Ranch
Structure Type Cement Siding
New Construction false
Schools
School District Indianapolis Public Schools
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