1145 Madeira Street, Indianapolis, IN 46203
- $130,000
- 3
- BD
- 1
- BA
- 1,104
- SqFt
- List Price
- $130,000
- MLS#
- 22111656
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft. of Residence
- 1,104
- Year Built
- 1970
- Days on Market
- 18
- Status
- ACTIVE
Property Description
Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.
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Additional Information
- Foundation
- Block
- Stories
- One
- Architecture
- Bungalow
- Equipment
- None
- Interior
- Attic Access
- Acres
- 0.10
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Appliances
- None, Gas Water Heater
- Region
- Center
- Areas
- Laundry in Unit
- Eating Areas
- Dining Combo/Kitchen
Mortgage Calculator
Listing courtesy of Berkshire Hathaway HomeServices.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative