Back to all homes
$120,000

1145 Madeira Street, Indianapolis, IN, 46203

Active

5 photos · tap a photo to enlarge

Beds
3
Baths
1
Sq ft
1,104
Year built
1970
Status
Active
Days on market
69
Type
Single Family Residence
MLS #
MBR22111656

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.