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$206,500

4 days ago

0 Bed

0 Bath

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MLS® 22084573

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 4
Lot Size 0.14 acres
Approx. Age 1910
MLS® Number 22084573

Property Address: 841-843 Wallace Ave, Indianapolis, IN, 46201-2948

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey investment opportunity in a charming historic neighborhood - this fully renovated one-bedroom duplex unit is not just a home, it's a fully operational furnished rental business. Currently operating as a successful mid-term rental with flexibility for short or long-term rental or rental arbitrage. Everything stays - furnishings, decor, Smart TVs, WiFi setup, keypad entry, Eufy doorbells and exterior security cameras - making this a seamless, income-producing acquisition from day one. The unit blends early 20th-century architectural charm with modern upgrades. Laminate flooring runs throughout, creating a cohesive and low-maintenance interior. The well-appointed living room offers a cozy seating area, while the dining space is perfect for intimate meals. Everything remains in the fully equipped kitchen including fridge, microwave, and stove. The spacious bedroom features a full-size bed, dresser, nightstands, and generous closet space. Bathroom includes a tub/shower combo and single vanity. Mechanical highlights include approximately 5-year-old roof (no known concerns). NOI:$31k This is an attractive cash-flowing asset. Conveniently located with easy access to I-65, I-465, and I-70, and just 20 minutes to Indianapolis International Airport. Near Kroger, dining, shopping, Brookside Park, and Ellenberger Park. Whether you're an investor, house hacker, or entrepreneur looking to acquire a furnished rental business with systems in place - this is a rare opportunity to step into immediate income.
MLS® Number22084573
Laundry LevelConnections All, In Basement
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1910
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$206,500List Price
  • Commute

Commute

Starting Address
Destination Address
841-843 Wallace Ave, Indianapolis, IN

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