1661 N Pasadena Street, Indianapolis, IN 46219

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1661 N Pasadena Street,Indianapolis, IN 46219
$120,000
  • 2 Beds
  • 1 Baths
  • 918 sq. ft.
  • Single family
  • Active
Listed by: samra efendic
Office: amr real estate llc.
MLS#:22090608
Source:IN_MIBOR

Price summary

  • Price:$120,000
  • Price per sq. ft.:$81.63

About this home

Turnkey Cash-Flow Rental - Exceeds 1% Rule Asking Price: $145,000 Current Rent: $1,500/month + $200/month pet fee Total Monthly Income: $1,700/month Property Details 2 Bedrooms 1 Bathroom 1,470 total sq ft 735 sq ft main level 735 sq ft basement Built in 1956 Investment Highlights Exceeds the 1% rule Strong in-place cash flow Tenant in place Turnkey opportunity Recent Updates New flooring throughout Updated kitchen and appliances prior to current tenant placement New gas lines New plumbing Updated bathroom fixtures New water heater Roof approximately 10 years old Why This Deal Works Immediate cash flow with additional pet fee income Solid rent-to-price ratio Larger total square footage with basement space Minimal deferred maintenance based on recent updates.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1956
  • Listing ID #:22090608
  • Added:96 day(s) ago
  • Updated:June 26, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Hardwood Floors
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Gas Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Full
  • Living area:918 sq. ft.

Heating and cooling

  • Cooling:Wall Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1956
  • Building area:918 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Aluminum Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$120,000
  • Price per sq. ft.:$81.63

Features and amenities

  • Appliances:Refrigerator
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 1661 N Pasadena Street