2202 N Leland AVE, Indianapolis, IN 46218
2202 N Leland AVE, Indianapolis, IN 46218
2202 N Leland AVE, Indianapolis, IN 46218
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Listed by Max Moore • @properties
$114,899
Est. payment /mo
2 Beds
1 Bath
567 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 567 sqft

Price per Sqft $202

Subdivision Emerson Gardens

MLS Listing ID 22109849

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1959

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Property Description

Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages include a furnace and air conditioner at approximately four years, water heater at three years, flooring at four years, and roof at eight to ten years, with no reported plumbing or electrical issues. The tenant pays all utilities. Located on a quiet residential stretch of North Leland Avenue in an established neighborhood of well-built single-family and multi-family homes, with convenient access to downtown Indianapolis. An ideal entry-level rental or an easy addition to an existing portfolio. 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 2

Interior

Interior Features Eat-in Kitchen

Heating Baseboard, Electric

Cooling None

Equipment Smoke Alarm, None

Fireplace Y

Appliance Electric Cooktop, Dryer, Refrigerator, Washer, Electric Water Heater

Exterior

Garage Spaces 1.0

Water Access Desc Public

Building

Story One

Foundation Crawl Space

Water Public

Architectural Style Contemporary

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools


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2202 N Leland AVE