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2636 Ethel Ave, Indianapolis, IN, 46208

8beds
4baths
1,437sqft
$280,000
$195price/sqft
$2,285/moest. monthly cost
$91,400/yrincome needed

About This Home

$4,950/month in rental income - this rent-by-the-room property is CASH FLOWING. 2636 Ethel Ave is a 9-bed, 4-bath income-producing machine currently rented by the room and generating nearly $60,000/year in gross revenue. Part of a 4-property rent-by-the-room portfolio, this spacious layout features dual kitchens, making it perfectly suited for room-by-room tenant placement. Located in the vibrant Near Northwest corridor just minutes from Long's Bakery, Goose the Market, and the Children's Museum of Indianapolis. If you're looking for a turnkey rent-by-the-room investment with proven income from day one, this is it.

Getting Around

66
WalkingSomewhat Walkable
42
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Block
  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Refrigerator
  • Laundry features: No Laundry Facil.

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Dimensions: Unkn

Bedroom2

  • Level: Main
  • Dimensions: Unkn

Bedroom3

  • Level: Main
  • Dimensions: Unkn

Bedroom3

  • Level: Main
  • Dimensions: Unkn

Bedroom4

  • Level: Main
  • Dimensions: Unkn

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 6

Features

  • Attic Access
  • Attic: Access Only
  • Finished area below ground: 421

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,437
  • Total interior livable area: 1,437 sqft

Master Bedroom

  • Level: Main
  • Dimensions: 196 square feet

Master Bedroom

  • Level: Main
  • Dimensions: Unkn

Master Bedroom

  • Level: Basement
  • Dimensions: Unkn

Property

Details

  • Parcel number: 490626154011000101
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,356 sqft