




8217 E 48th St, Indianapolis, IN, 46226
3beds
1baths
792sqft
$135,000
$170price/sqft
$1,228/moest. monthly cost
$49,120/yrincome needed
About This Home
Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,200/month ($14,400 annually) with lease in place through 12/31/2027, offering approximately 10.7% gross yield before expenses based on list price. Located within a small portfolio of three rental homes all within approximately .25 miles, providing potential for scale. Fenced back yard. Property is being sold as-is. No yard sign and no showings without an accepted offer. Please do not disturb tenants. Buyer to verify all information. Other MLS #s: 22095884 and 22095897
Getting Around
50
17
64
Schools
4/10
3/10
3/10
Construction
Condition
- Year built: 1954
Materials
- Foundation: Slab
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow,Mid-Century Modern
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Dishwasher,Gas Water Heater
Bedroom2
- Level: Main
- Area: 99
- Dimensions: 11X09
Bedroom3
- Level: Main
- Area: 88
- Dimensions: 11X08
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Features
- Eat-in Kitchen
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 792
- Total interior livable area: 792 sqft
Kitchen
- Level: Main
- Area: 96
- Dimensions: 12X08
Living Room
- Level: Main
- Area: 165
- Dimensions: 15X11
Master Bedroom
- Level: Main
- Area: 132
- Dimensions: 12X11
Property
Details
- Parcel number: 490807101113000407
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced,Full
Lot
- Lot size: 8,276 sqft
- Features: Sidewalks,Mature Trees
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
