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About This Home

This 6-bedroom, 3-bathroom single family at 2536 Indianapolis Avenue in Indianapolis, IN is listed for $259,500 ($131 per sqft). Built in 1920, the home offers 1,978 sqft of living space on a 0.11 acres lot.

Agent Description

CASH FLOW OPPORTUNITY IN THE HEART OF INDIANAPOLIS | Positioned in a high-demand rental corridor just minutes from downtown, this income-producing single-family property delivers the type of numbers investors are searching for. 2536 Indianapolis Ave features a unique 6-bedroom layout with shared common spaces designed to maximize occupancy flexibility and rental performance.

Currently producing $3,000/month in rental income with projected rents reaching approximately $4,100/month at full occupancy, this asset presents immediate cash flow with additional upside still on the table. Conveniently located near downtown Indianapolis, major employers, universities, hospitals, redevelopment activity, and public transportat

ion, this property sits in an area experiencing continued investor interest and long-term growth potential. Whether purchased individually or alongside the accompanying portfolio properties, this is a rare opportunity to acquire a high-yield asset with scale, strong income potential, and positioning in one of Indianapolis' most active rental markets.

Key Features

  • Built in 1920
  • 0.11 acre lot

Property Details

3 full
1920

Amenities

Basement

Monthly Cost Estimate

$1,388/mo

20% down · 6.5% · 30 years

Principal$188
Interest$1,125
Insurance$76

Estimates only. Actual payments may vary.

Location

2536 Indianapolis Avenue

Indianapolis, IN 46208

Mansur Park

Features & Amenities

Interior Features

Eat-in Kitchen

Property Details

Construction

Shingle Siding

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

Refrigerator

Questions & Answers

This 6-bedroom, 3-bathroom single family at 2536 Indianapolis Avenue is listed at $259,500 ($131/sqft). The estimated monthly payment is $1,125 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.11 acre lot. Interior Features: Eat-in Kitchen.

This property is listed by Nathan Dixon and can be reached at 3178005515 or nathan@atpropertiesind.com.

ND

Nathan Dixon

Agent at @properties

(317) 800-5515

Listed by @properties · View on Broker Site

MLS# 22081709· Source: listhub· Updated 111 days ago

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2536 Indianapolis Avenue, Indianapolis, IN 46208

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