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$86,000

3352 Wallace Avenue, Indianapolis, IN, 46218

Active

19 photos · 5 shown · tap a photo to enlarge

Beds
2
Baths
1
Sq ft
837
Year built
1946
Status
Active
Days on market
78
Type
Single Family Residence
MLS #
MBR22115867

Charming 2-bedroom, 1-bathroom single-family home offering a comfortable layout with plenty of space both inside and out. The home features additional basement space ideal for entertaining, recreation, or storage, along with large front and back yards providing room to relax, play, or host gatherings. A detached one-car garage includes a large attached covered side porch on a concrete slab, creating additional outdoor living space and functionality. Recent updates include a new A/C unit and furnace installed in July 2025. The home is currently occupied by a long-term tenant who has been in place since 2019, providing immediate rental income for an investor or a potential opportunity for an owner-occupant looking for future flexibility. The current rent is below market value, offering the ability to increase rents and capture additional income through a market-rate adjustment.