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2536 Indianapolis Avenue

Indianapolis, IN 46208
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Bed 6

Bed

Bath 3

Bath

SqFt3,176

Sqft

Acres0.11

Acre(Lot)

CASH FLOW OPPORTUNITY IN THE HEART OF INDIANAPOLIS | Positioned in a high-demand rental corridor just minutes from downtown, this income-producing single-family property delivers the type of numbers investors are searching for. 2536 Indianapolis Ave features a unique 6-bedroom layout with shared common spaces designed to maximize occupancy flexibility and rental performance. Currently producing $3,000/month in rental income with projected rents reaching approximately $4,100/month at full occupancy, this asset presents immediate cash flow with additional upside still on the table. Conveniently located near downtown Indianapolis, major employers, universities, hospitals, redevelopment activity, and public transportation, this property sits in an area experiencing continued investor in terest and long-term growth potential. Whether purchased individually or alongside the accompanying portfolio properties, this is a rare opportunity to acquire a high-yield asset with scale, strong income potential, and positioning in one of Indianapolis' most active rental markets.

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Detail Ic Property Details

Property Type : Residential

Price : $259,500

AD Id : 75218801

MLS Id : MBR22081709

Beds : 6

Lot Size : 0.11 Acre

Living Area Size : 3,176

Year Built : 1920

County : Marion

Subdivision: Mansur Park

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Feature Features

  • Bedroom Information

    Total Bedroom: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 10 Has Basement: Yes

    Interior Features

    Eat-in Kitchen Appliances: Refrigerator
  • Flooring Information

    Construction Materials: Shingle Siding
  • Heating & Cooling

    Heating: Forced Air, Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1920

  • Lot Information

    Lot Square Feet: 4704 Lot Acres: 0.11

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional

  • Listing Price Information

    Original List Price:$280000

  • Tax Information

    Tax Lot: 49-06-26-176-042.000-101 Tax Legal Description: Mansur Park 35 Ft No Side L200 Tax Year: 2024 Parcel Number: 490626176042000101 Tax Exemption: Homestead Tax Exemption

  • Parking Information

    None

  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Mansur Park City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2202 N Illinois Street, Indianapolis, IN, 46208 $650,000 9 5 4,163 4,163 SqFt
2341 N Kenwood Avenue, Indianapolis, IN, 46208 $194,900 3 2 2,556 2,556 SqFt
2302 N Kenwood Avenue, Indianapolis, IN, 46208 $307,000 3 3 1,888 1,888 SqFt
5548 N Meridian Street, Indianapolis, IN, 46208 $724,900 3 3 3,714 3,714 SqFt
2838 N Kenwood Avenue, Indianapolis, IN, 46208 $219,900 5 3 3,126 3,126 SqFt
3449 N Kenwood Avenue, Indianapolis, IN, 46208 $299,999 3 3 1,974 1,974 SqFt
22 W 54th Street, Indianapolis, IN, 46208 $849,900 4 4 3,348 3,348 SqFt
3428 N Kenwood Avenue, Indianapolis, IN, 46208 $235,000 4 2 2,820 2,820 SqFt
143 W 33rd Street, Indianapolis, IN, 46208 $375,000 3 3 3,347 3,347 SqFt
3142 N Capitol Avenue, Indianapolis, IN, 46208 $280,000 3 2 2,159 2,159 SqFt
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ByOwner last updated this listing 06/18/2026 @ 06:20

MLS: MIBOR #22081709 LISTED BY: Nathan Dixon, @properties SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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