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$4,950/month in rental income - this rent-by-the-room property is CASH FLOWING. 2636 Ethel Ave is a 9-bed, 4-bath income-producing machine currently rented by the room and generating nearly $60,000/year in gross revenue. Part of a 4-property rent-by-the-room portfolio, this spacious layout features dual kitchens, making it perfectly suited for room-by-room tenant placement. Located in the vibrant Near Northwest corridor just minutes from Long's Bakery, Goose the Market, and the Children's Museum of Indianapolis. If you're looking for a turnkey rent-by-the-room investment with proven income from day one, this is it.
Property Type(s):
Single Family
| Last Updated | 4/13/2026 | Tract | Shelbys 1st Sub |
|---|---|---|---|
| Year Built | 1957 | Community | 4910 - Marion - Center |
| County | Marion |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Cooktop, Refrigerator |
| AREA | 4910 - Marion - Center |
| BASEMENT | Yes |
| CONSTRUCTION | Cement Siding |
| HEAT | Electric |
| LOT | 4356 sq ft |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Shelbys 1st Sub |
| WATER | Public |
Location
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Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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