• Property Type
  • Single Family Residence, Residential
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 2
  • Garages
  • 792 Sqft
  • Area Size
8217 E 48th Street, Indianapolis, IN 46226
  • $135,000
  • $135,000

Description

Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,200/month ($14,400 annually) with lease in place through 12/31/2027, offering approximately 10.7% gross yield before expenses based on list price. Located within a small portfolio of three rental homes all within approximately .25 miles, providing potential for scale. Fenced back yard. Property is being sold as-is. No yard sign and no showings without an accepted offer. Please do not disturb tenants. Buyer to verify all information. Other MLS #s: 22095884 and 22095897

  • Address: 8217 E 48th Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46226

Details

Updated on April 26, 2026 at 2:11 am
  • Property ID 22095893
  • Price $135,000
  • Property Size 792 Sqft
  • Land Area 0.19 Acres
  • Bedrooms 3
  • Rooms 5
  • Bathroom 1
  • Garages 2
  • Garage Size x x
  • Year Built 1954
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Utilities Natural Gas Connected
  • Cooling Central Air
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential
  • Parking Detached
  • Architectural Style Bungalow,Mid-Century Modern

Features

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Contact Information

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Preeti Chaggar

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