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.

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Home facts

  • Year built:1956
  • Listing ID #:22090608
  • Added:51 day(s) ago
  • Updated:May 12, 2026 at 02:56 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
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