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Indianapolis, IN, 46219 • Arlington Woods • Marion County
$135/sqft
-$5,000 since Oct 23, 2025
Down payment assistance available
3Beds
2Baths
1,440Sqft
0.34 acLot
1955Built
Ranch Style
Built 1955 · 71 years of history
Shadeland Village
Arlington Woods
Outdoor Living
Covered
Storage
Storage
2-Car Garage
Attached
This home is getting attention
Listed 178 days ago · 695 views · 29 saves
Demand and pricing signals for this listing
695 views
People checking out this listing
29 saves
Buyers have saved this home
178 days on market
Established listing
$135/sqft
Price per square foot
Single Family · Built 1955
Investor Opportunity! Excellent income-producing 3-bedroom, 1.5-bath ranch located on the east side of Indianapolis. Property is currently tenant-occupied at $1,400/month on a month-to-month lease, offering immediate income with the flexibility to adjust rent or lease terms after closing. This well-maintained home features a functional floor plan, spacious bedrooms, and a large backyard, and a partially converted garage providing additional living or flex space while retaining garage access. New HVAC installed in 2023. Conveniently located near major roads, shopping, dining, and just minutes from downtown Indianapolis. Perfect for investors seeking a stable property with built-in cash flow and value-add potential. Comparable area rents suggest room for future rent increases, and tenant occupancy provides reduced vacancy risk from day one.
Standout features identified
Our analysis highlights partially converted garage, spacious bedrooms, and large backyard as key attractions of this home.
Based on current rates
Est. 6.88% rate · 30yr fixed · $156,000 loan
Full calculator →Key facts and listing details
10 categories of property features
6 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
MainBonus Room
MainKitchen
MainLiving Room
MainMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46219
10 events
23 years of records
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-08 08:27:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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