3130 N Olney ST, Indianapolis, IN 46218
3130 N Olney ST, Indianapolis, IN 46218
3130 N Olney ST, Indianapolis, IN 46218
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Julie Young

Julie Young

+1(317) 753-2148
Listed by Max Moore • @properties
$149,899
Est. payment /mo
3 Beds
2 Baths
1,044 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 1,044 sqft

Price per Sqft $143

Subdivision North Plaza

MLS Listing ID 22109591

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1968

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

Strong-yield investment opportunity on Indianapolis' near northeast side, offered at $149,899 and leased at $1,735 per month, one of the highest rent-to-price ratios in this portfolio. Built in 1968, this is the newest building in the group, offering three bedrooms, one full and one half bathroom, and approximately 1,044 square feet on a slab foundation. The property is currently occupied under a one-year lease with approximately eight months remaining, delivering income from the closing table with no turnover or lease-up period. System ages include roof at eight to ten years, furnace and air conditioning at six to eight years, water heater at four years, and flooring at two to four years, with no reported plumbing or electrical issues. The property has required one maintenance call in the last six months and the tenant pays all utilities. No open code violations or liens. Located just east of the Indiana State Fairgrounds and minutes from Brookside Park in a corridor attracting continued reinvestment. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 3

Interior

Interior Features Attic Access, Central Vacuum, Eat-in Kitchen

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace Y

Appliance Refrigerator, Gas Water Heater

Exterior

Water Access Desc Public

Building

Story One

Foundation Slab, Crawl Space

Water Public

Architectural Style Ranch

Structure Type Vinyl Siding,Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

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Julie Young

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Phone

+1(317) 753-2148

Address

3455 W Smith Valley Rd, Greenwood, IN, 46142-8465, USA

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3130 N Olney ST