1502 S Arlington Avenue, Indianapolis, IN 46203
- $279,000
- $279,000
Description
Rare investment opportunity at 1502 S Arlington Ave offering an incredibly unique setup with massive income-producing potential and flexibility that is nearly impossible to find in today’s market. This property is far more than a standard single-family home! It includes a main residence, an additional apartment, and a detached garage with finished living space above, creating multiple opportunities for strong rental income and creative investment strategies all on one property. Whether you’re an experienced investor looking to expand your portfolio, a first-time buyer interested in house hacking, or someone searching for a property with long-term upside and versatility, this one delivers options that very few properties can match. The layout opens the door for multiple streams of income through long-term rentals, short-term rentals, furnished rentals, multigenerational living arrangements, guest accommodations, office or studio space, and more.The detached finished space alone creates incredible added value and flexibility, making this property ideal for buyers who understand the power of maximizing every square foot for income generation. Live in one unit while tenants help offset your mortgage, rent all spaces for impressive cash flow potential, or create a custom live/work setup tailored to your needs. Properties with this type of configuration are extremely rare because they offer something investors are constantly searching for flexibility, scalability, and multiple ways to increase returns. The possibilities here are endless, and the income potential is truly standout compared to typical properties in this price range. If you are tired of cookie-cutter investment properties and looking for something with real upside, serious rental potential, and the ability to stand apart from the competition, 1502 S Arlington Ave deserves your attention. Investors take notice opportunities like this do not come around often.
Address
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Address: 1502 S Arlington Avenue
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46203
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Area: No Subdivision
Details
Updated on June 26, 2026 at 6:29 pm-
Property ID MBR22104936
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Price $279,000
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Property Size 2599 Sqft
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Land Area 0.59 Acres
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Bedrooms 4
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Rooms 8
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Bathrooms 3
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Garages 3
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Garage Size x x
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Year Built 1940
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Cooling Central Air
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Heating Forced Air,Natural Gas
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County Marion
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Property Type Residential
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Parking Detached
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Elementary School Lowell Elementary School
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High School Warren Central High School
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Architectural Style Traditional
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