# 1949 N Colorado Avenue, Indianapolis, IN 46218

> **TL;DR:** 2bd/1ba single family, $129,000 ($175/sqft), built 1950, 736 sqft.
> Basement. Est. $559/mo. Listed 32 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $129,000 |
| Price/sqft | $175 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 736 |
| Year Built | 1950 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 32 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $559 |
| **Total** | **$559** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1950
- 0.12 acre lot

## Description

### Agent Description
Updated 2-bedroom, 1-bath rental property in Indianapolis offering immediate income potential. This single-family home features approximately 736 square feet, a functional floor plan, updated kitchen and bath finishes, central air, and a detached garage. Currently tenant-occupied, making it a practical option for an investor looking to add a smaller residential rental to their portfolio. Convenient location with access to nearby city amenities, employment centers, and major roadways. Tenant rights apply; please do not disturb tenant.

## Location

- **Address:** 1949 N Colorado Avenue, Indianapolis, IN 46218
- **County:** Marion
- **Neighborhood:** Brookside Sunny Grove
- **Coordinates:** 39.7939393, -86.095549
- **Google Maps:** https://www.google.com/maps?q=39.7939393,-86.095549

## Listing Agent

- **Name:** Heather Upton
- **Brokerage:** Keller Williams Indy Metro NE
- **Phone:** 3175725589
- **Email:** info@therealestatepros.com

## Primary Photo

![1949 N Colorado Avenue - Primary Photo](http://lh.rdcpix.com/42e98bcb20a9a9026ae5410a989d67b2l-f1735801484r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/1949-n-colorado-avenue-indianapolis-in-46218-22098880)*

---

**MLS#:** 22098880 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1949-n-colorado-avenue-indianapolis-in-46218-22098880)

---

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