257 N Tacoma Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
257 N Tacoma Avenue,Indianapolis, IN 46201
$395,000
  • 4 Beds
  • 4 Baths
  • 2,120 sq. ft.
  • Single family
  • Active
Listed by: max welch
Office: exp realty, llc.
MLS#:22090355
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$395,000
  • Price per sq. ft.:$165.13

About this home

$4,100/Month in Rental Income! Fully renovated, turnkey investment property offering immediate income potential! Both units are currently tenant-occupied, with the 4-bedroom, 4-bathroom main home generating $2,700/month & the converted garage featuring a 2-bedroom, 1-bathroom apartment generating an additional $1,400/month. With a combined rental income of $4,100/month, this property presents an excellent opportunity for investors seeking a move-in-ready, income-producing asset. Both units can also be delivered vacant at closing, offering flexibility for owner-occupants or investors looking to establish their own rental arrangements.

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:1955
  • Subdivision & Development:A M Ogle Et Al East Park
  • Listing ID #:22090355
  • Added:233 day(s) ago
  • Updated:November 08, 2026 at 04:20 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Double Oven, Electric Cooktop, Microwave, Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:2,120 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1955
  • Building area:2,120 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Craftsman
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony, Fire Pit
  • Foundation Description:Block, Crawl Space, Partial

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$165.13

Features and amenities

  • Appliances:Microwave, 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 257 N Tacoma Avenue