4731 E 18th ST, Indianapolis, IN 46218
4731 E 18th ST, Indianapolis, IN 46218
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Listed by Max Moore • @properties
$149,900
Est. payment /mo
2 Beds
1 Bath
768 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 768 sqft

Price per Sqft $195

Subdivision Bigneys

MLS Listing ID 22109209

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

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.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 2

Interior

Interior Features Attic Access, Eat-in Kitchen

Heating Forced Air, Electric, Natural Gas

Cooling None

Equipment None

Fireplace Y

Appliance Convection Oven, Refrigerator, Electric Water Heater

Exterior

Water Access Desc Public

Building

Story One

Foundation Crawl Space

Water Public

Architectural Style Bungalow

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools


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4731 E 18th ST