LOOKING FOR SELLER FINANCING - TEXT ME FOR TERMS
This 3 bed, 1 bath rental has been producing steady income, bringing in $1,850/month via Section 8 with consistent payments and $1,000+ in monthly cash flow. It features a brand-new heater installed in 2024, and all major systems are in working order. The property has stable tenant potential and isn't complete remodel, but the floors are beginning to sag, presenting an opportunity for an investor to make structural upgrades and add value. Perfect for a buy-and-hold investor or someone looking to reposition the asset. Owner is liquidating to shift capital into flips in California. This is a cash-flowing deal with long-term potential for the right buyer.
Only way a cash offer will work would be $107500
For sale by owner
$97,500
2526 Eastern Ave, Indianapolis, IN 46218
3beds
1,200sqft
Est.:
SingleFamily
Built in 1910
5,227 Square Feet Lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
Brand-new heater
- 64 days
- on Zillow |
- 2,126 |
- 146 |
Listed by:
(661) 714-2568
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- None
Appliances
- Included: Dryer, Washer
- Laundry: Hookups
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Off-street, Garage
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: City
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 490729151070000101
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $77,200
- Annual tax amount: $1,677
- Date on market: 6/6/2025
- Loading