1145 Madeira Street, Indianapolis, IN 46203

$120,000
3
BD
1
BA
1,104
SqFt

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List Price
$120,000
Price Change
▼ $4,900 1789580467
MLS#
22111656
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
1,104
Year Built
1970
Days on Market
95
Status
ACTIVE

Property Description

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.

Additional Information

Foundation
Block
Stories
One
Architecture
Bungalow
Equipment
None
Interior
Attic Access
Acres
0.10
Heat
Forced Air, Natural Gas
Cooling
Central Air
Appliances
None, Gas Water Heater
Region
Center
Areas
Laundry in Unit
Eating Areas
Dining Combo/Kitchen

Listing courtesy of Ashley Marino. Berkshire Hathaway HomeServices

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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