• Property Type
  • Single Family Residence, Residential
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 1470 Sqft
  • Area Size
1661 N Pasadena Street, Indianapolis, IN 46219
  • $145,000
  • $145,000

Description

Turnkey Cash-Flow Rental – Exceeds 1% Rule Asking Price: $145,000 Current Rent: $1,500/month + $200/month pet fee Total Monthly Income: $1,700/month Property Details 2 Bedrooms 1 Bathroom 1,470 total sq ft 735 sq ft main level 735 sq ft basement Built in 1956 Investment Highlights Exceeds the 1% rule Strong in-place cash flow Tenant in place Turnkey opportunity Recent Updates New flooring throughout Updated kitchen and appliances prior to current tenant placement New gas lines New plumbing Updated bathroom fixtures New water heater Roof approximately 10 years old Why This Deal Works Immediate cash flow with additional pet fee income Solid rent-to-price ratio Larger total square footage with basement space Minimal deferred maintenance based on recent updates.

  • Address: 1661 N Pasadena Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46219
  • Area: 10Th Sub

Details

Updated on March 21, 2026 at 3:36 pm
  • Property ID 22090608
  • Price $145,000
  • Property Size 1470 Sqft
  • Land Area 0.16 Acres
  • Bedrooms 2
  • Rooms 5
  • Bathroom 1
  • Garage Size x x
  • Year Built 1956
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Cooling Wall Unit(s)
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential
  • Architectural Style Bungalow

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Preeti Chaggar

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