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Listed by Karanjod Cheema • Rize Commercial Realty LLC
$ 137,000
Est. payment /mo
New
342 W 26th ST Indianapolis, IN 46208
3 Beds
2 Baths
2,184 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $62
Subdivision No Subdivision
MLS Listing ID 22114942
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1920
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Property Description
Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio.
Location
State IN
County Marion
Interior
Interior Features Hardwood Floors
Heating Natural Gas
Cooling Central Air
Fireplace N
Appliance Other
Exterior
Water Access Desc Public
Building
Story Two
Foundation Concrete Perimeter
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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