Address Withheld By Seller, Indianapolis, IN 46226

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
Address Withheld By Seller,Indianapolis, IN 46226
$255,000
  • 3 Beds
  • 2 Baths
  • 1,728 sq. ft.
  • Single family
  • Active
Listed by: shady hanna
Office: exp realty, llc.
MLS#:22031726
Source:IN_MIBOR

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Price summary

  • Price:$255,000
  • Price per sq. ft.:$147.57

About this home

Investor opportunity with solid returns and future growth potential. This income-producing property at 8560 E 38th Street is being sold together with the adjacent parcel at 8554 E 38th Street. The home is currently rented for $1,900 per month, providing immediate and consistent cash flow. A great option for investors seeking a turnkey rental with a stable tenant already in place. The second parcel, 8554 E 38th Street, is a separate lot with its own street access and address, making it an ideal buildable site. This gives the new owner flexibility to develop another home, expand rental holdings, or hold the land for future appreciation. Opportunities to purchase an existing rented property alongside a buildable lot are limited, making this package a valuable long-term investment. The existing home offers comfortable living space, a functional layout, and a well-maintained interior, ensuring continued tenant satisfaction and low vacancy potential. Located near shopping, schools,

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Home facts

  • Year built:1948
  • Listing ID #:22031726
  • Added:243 day(s) ago
  • Updated:December 11, 2025 at 11:28 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,728 sq. ft.

Heating and cooling

  • Cooling:Central Electric

Structure and exterior

  • Year built:1948
  • Building area:1,728 sq. ft.
  • Lot area:0.79 Acres

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$147.57
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