1502 S Arlington Avenue, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1502 S Arlington Avenue,Indianapolis, IN 46203
$255,000
Virtual Tour
  • 4 Beds
  • 3 Baths
  • 1,886 sq. ft.
  • Single family
  • Active
Listed by: mya williams
Office: f.c. tucker company
MLS#:22104936
Source:IN_MIBOR

Price summary

  • Price:$255,000
  • Price per sq. ft.:$98.11

About this home

Rare investment opportunity at 1502 S Arlington Ave offering an incredibly unique setup with massive income-producing potential and flexibility that is nearly impossible to find in today's market. This property is far more than a standard single-family home! It includes a main residence, an additional apartment, and a detached garage with finished living space above, creating multiple opportunities for strong rental income and creative investment strategies all on one property. Whether you're an experienced investor looking to expand your portfolio, a first-time buyer interested in house hacking, or someone searching for a property with long-term upside and versatility, this one delivers options that very few properties can match. The layout opens the door for multiple streams of income through long-term rentals, short-term rentals, furnished rentals, multigenerational living arrangements, guest accommodations, office or studio space, and more.The detached finished space alone creates...

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Home facts

  • Year built:1940
  • Listing ID #:22104936
  • Added:25 day(s) ago
  • Updated:June 23, 2026 at 10:45 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Flooring:Hardwood Floors
  • Dining Description:Dining Combo/Kitchen, Formal Dining Room
  • Kitchen Description:Dishwasher, Gas Oven, Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Partial, Unfinished
  • Living area:1,886 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1940
  • Building area:1,886 sq. ft.
  • Lot area:0.59 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:Warren Central High School
  • Elementary school:Lowell Elementary School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$98.11

Features and amenities

  • Appliances:Refrigerator

Parking

  • Garage:Yes
  • Garage spaces:3
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