About This Home

This 4-bedroom, 4-bathroom single family at 257 N Tacoma Avenue in Indianapolis, IN is listed for $395,000 ($186 per sqft). Built in 1955, the home offers 2,120 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1955
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
4 full
1955

Amenities

A/C
Listing Description

$4,100/Month in Rental Income! Fully renovated, turnkey investment property offering immediate income potential! Both units are currently tenant-occupied, with the 4-bedroom, 4-bathroom main home generating $2,700/month & the converted garage featuring a 2-bedroom, 1-bathroom apartment generating an additional $1,400/month.

With a combined rental income of $4,100/month, this property presents an excellent opportunity for investors seeking a move-in-ready, income-producing asset. Both units can also be delivered vacant at closing, offering flexibility for owner-occupants or investors looking to establish their own rental arrangements.

Monthly Cost Estimate

$2,113/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115

Estimates only. Actual payments may vary.

Location

257 N Tacoma Avenue

Indianapolis, IN 46201

A M Ogle Et Al East Park

Features & Amenities

Interior Features

Breakfast BarHigh CeilingsEat-in KitchenPantryKitchen Island

Exterior Features

BalconyFire Pit

Property Details

Construction

Wood Siding

Outdoor Features

Deck

Parking

On StreetAlley

Heating

Natural Gas

Cooling

Central Air

Appliances

Electric CooktopDishwasherMicrowaveOvenDouble OvenRefrigerator

Questions & Answers

This 4-bedroom, 4-bathroom single family at 257 N Tacoma Avenue is listed at $395,000 ($186/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 0.10 acre lot, 2 stories. Interior Features: Breakfast Bar, High Ceilings, Eat-in Kitchen. Exterior Features: Balcony, Fire Pit.

This property is listed by Max Welch.

MW

Max Welch

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 611-3912 · View on Broker Site

MLS# 22090355· Source: Broker Listing Cooperative®· 227 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

257 N Tacoma Avenue, Indianapolis, IN 46201

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