1145 Madeira Street, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1145 Madeira Street,Indianapolis, IN 46203
$124,900
  • 3 Beds
  • 1 Baths
  • 1,104 sq. ft.
  • Single family
  • Active
Listed by: ashley marino
Office: berkshire hathaway homeservices
MLS#:22111656
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$124,900
  • Price per sq. ft.:$113.13

About this home

Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.

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Home facts

  • Year built:1970
  • Subdivision & Development:Hosbrook Prospect
  • Listing ID #:22111656
  • Added:56 day(s) ago
  • Updated:September 07, 2026 at 03:11 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Living area:1,104 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1970
  • Building area:1,104 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Mature Trees, Sidewalks
  • Architectural Style:Bungalow
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$124,900
  • Price per sq. ft.:$113.13

Features and amenities

  • Laundry features:Laundry in Unit
  • Amenities:Attic Access
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