3352 Wallace Avenue, Indianapolis, IN 46218

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
3352 Wallace Avenue,Indianapolis, IN 46218
$88,000
  • 2 Beds
  • 1 Baths
  • 837 sq. ft.
  • Single family
  • Active
Listed by: karanjod cheema
Office: rize commercial realty llc.
MLS#:22115867
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$88,000
  • Price per sq. ft.:$56.34

About this home

Charming 2-bedroom, 1-bathroom single-family home offering a comfortable layout with plenty of space both inside and out. The home features additional basement space ideal for entertaining, recreation, or storage, along with large front and back yards providing room to relax, play, or host gatherings. A detached one-car garage includes a large attached covered side porch on a concrete slab, creating additional outdoor living space and functionality. Recent updates include a new A/C unit and furnace installed in July 2025. The home is currently occupied by a long-term tenant who has been in place since 2019, providing immediate rental income for an investor or a potential opportunity for an owner-occupant looking for future flexibility. The current rent is below market value, offering the ability to increase rents and capture additional income through a market-rate adjustment.

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Home facts

  • Year built:1946
  • Subdivision & Development:No Subdivision
  • Listing ID #:22115867
  • Added:56 day(s) ago
  • Updated:September 17, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Hardwood Floors
  • Dining Description:Formal Dining Room
  • Basement:Yes
  • Basement Description:Basement, Storage Space
  • Living area:837 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1946
  • Building area:837 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$88,000
  • Price per sq. ft.:$56.34

Parking

  • Garage:Yes
  • Garage spaces:1
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