Live in one, rent the other and live for FREE! **For Sale: Two Properties Generating Income** 1. **2-Bedroom, 1-Bath House** - Currently leased on a month-to-month contract - Main house requires painting and cosmetic improvements - Features a fully fenced rear and front yard No appliances stay in the main house 2. **1-Bedroom, 1-Bath Studio** - Fully remodeled and ready for a new tenant - Vacant and available for viewing - Includes alley access for added privacy Both units are separately metered for utilities, making them ideal for generating rental income. Don't miss this opportunity!
Sold
$125,000
1510 E Gimber St, Indianapolis, IN 46203
2beds
1,960sqft
Residential, Single Family Residence
Built in 1920
4,791.6 Square Feet Lot
$125,000 Zestimate®
$64/sqft
$1,166 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 08, 2025 at 03:24pm
Listing Provided by:
Ted Durlacher 317-694-8946,
Epique Inc
Bought with:
Mark Coffey
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22057376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 14x8
Laundry
- Level: Main
- Area: 36 Square Feet
- Dimensions: 6x6
Living room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop
Features
- High Ceilings, Hardwood Floors
- Flooring: Hardwood
- Basement: Cellar
Interior area
- Total structure area: 1,960
- Total interior livable area: 1,960 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Parking Other(Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Full
Lot
- Size: 4,791 sqft
- Features: City Lot, Sidewalks, Storm Sewer, Street Lights
Details
- Parcel number: 491019117309000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block, Brick/Mortar, Cellar, Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sep Electric Meter, Sep Gas Meter, Sep Sewer Meter, Water Connected
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
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Estimated market value
$125,000