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Solid investment opportunity on the near north side of Indianapolis. This 2-bedroom, 1-bath bungalow was renovated in April 2023 and is currently leased through February 2026 to a tenant in the IHA/VA Section 8 program at $895/month. With no HOA and consistent rental income already in place, it's a great option for investors seeking steady cash flow. The home offers a functional layout and includes a full basement for additional storage or workspace. It's simple, efficient, and practical-easy for tenants to maintain and appealing for long-term occupancy. Located just minutes from downtown, Ivy Tech, and the Children's Museum, and a short drive from Frederick Douglass Park & Golf Course, this property sits in a convenient, well-connected area that continues to draw consistent rental demand. Whether you're adding to your portfolio or purchasing your first rental, this property is already performing and offers a dependable option in a growing part of the city. Schedule a showing today and see why this one makes sense on paper-and in person.
Property Type(s):
Single Family
| Last Updated | 11/26/2025 | Tract | Mansur Park |
|---|---|---|---|
| Year Built | 1920 | Community | 4910 - Marion - Center |
| County | Marion |
SCHOOLS
| Elementary School | James Whitcomb Riley School 43 |
|---|---|
| High School | Arsenal Technical High School |
Price History
| Prior to Nov 26, '25 | $119,800 |
|---|---|
| Nov 26, '25 - Today | $105,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | None |
| AREA | 4910 - Marion - Center |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric, Forced Air |
| INTERIOR | Eat-in Kitchen |
| LOT | 5663 sq ft |
| PARKING | On Street |
| STORIES | 1 |
| STYLE | Bungalow, Ranch |
| SUBDIVISION | Mansur Park |
| WATER | Public |
Location
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Listed with Keller Williams Indy Metro S
Listing information is deemed reliable, but not guaranteed.
© 2025 Metropolitan Indianapolis Board of REALTORS®
© 2025 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.
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