2726 S Lyons Avenue, Indianapolis, IN 46241
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
2726 S Lyons Avenue,Indianapolis, IN 46241
$300,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: denis o'brien
Office: keller williams indy metro partners
MLS#:22128908
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$300,000
About this home
A rare opportunity offering flexibility, space, and income potential-all in one property. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or create a multi-generational living arrangement, this fully renovated tri-plex offers options that are hard to find. The property features three separate living spaces with a total of 7 bedrooms and 3 bathrooms. The main residence offers a spacious 3-bedroom, 1-bath layout, while the in-law quarters provide a private 2-bedroom, 1-bath setup. The third unit adds another 2 bedrooms and 1 bathroom, along with its own dedicated laundry room for added convenience. Previously generating approximately $5,000 per month in total rental income, this property offers compelling income potential for an investor or an owner-occupant looking to live in one unit while renting the others. Extensive renovations have already been completed throughout the property, including new HVAC systems, water heaters, plumbing, electrical, waterproof flooring, fresh interior paint, updated bathrooms, new faucets, appliances, and a new garage door. A 2-car garage provides additional value with space for parking, storage, or hobbies. With three living spaces, extensive updates, and multiple ways to use the property, this is more than just a home-it's an opportunity to create income, flexibility, and long-term value under one roof....
Contact an agent
Home facts
- Year built:1935
- Subdivision & Development:Mars Hill
- Listing ID #:22128908
- Added:3 day(s) ago
- Updated:October 05, 2026 at 03:10 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Heating and cooling
- Cooling:Central Electric, Wall Unit(s)
- Heating:Baseboard, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1935
- Lot area:0.24 Acres
- Lot Features:Mature Trees
- Architectural Style:Bungalow
- Construction Materials:Aluminum Siding
- Foundation Description:Block
Finances and disclosures
- Price:$300,000
Parking
- Garage:Yes
- Garage spaces:2
New listings near 2726 S Lyons Avenue
- Coming Soon
$499,900Coming Soon2 beds 3 baths2,208 sq. ft.8335 Sand Point Way #6, Indianapolis, IN 46240
MLS# 22129274Listed by: EXP REALTY, LLC - Coming Soon
$399,900Coming Soon5 beds 3 baths4,704 sq. ft.6238 Cave Lane, Indianapolis, IN 46259
MLS# 22129010Listed by: CENTURY 21 SCHEETZ - Coming Soon
$575,000Coming Soon4 beds 3 baths3,380 sq. ft.5753 N College Avenue, Indianapolis, IN 46220
MLS# 22128186Listed by: F.C. TUCKER COMPANY - Coming Soon
$144,900Coming Soon2 beds 1 baths1,004 sq. ft.2667 Boyd Avenue, Indianapolis, IN 46203
MLS# 22128780Listed by: TRELORA REALTY - Coming Soon
$325,000Coming Soon5 beds 2 baths2,008 sq. ft.910 Villa Avenue, Indianapolis, IN 46203
MLS# 22128200Listed by: KELLER WILLIAMS INDY METRO NE - Coming Soon
$350,000Coming Soon3 beds 3 baths2,691 sq. ft.11045 Brave Court, Indianapolis, IN 46236
MLS# 22119305Listed by: F.C. TUCKER COMPANY - Coming Soon
$375,000Coming Soon2 beds 3 baths1,809 sq. ft.8214 River Bay Drive E, Indianapolis, IN 46240
MLS# 22124342Listed by: DAVID BRENTON'S TEAM - Coming Soon
$1,285,000Coming Soon5 beds 4 baths3,859 sq. ft.4811 N Park Avenue, Indianapolis, IN 46205
MLS# 22124783Listed by: F.C. TUCKER COMPANY - Coming Soon
$154,900Coming Soon2 beds 1 baths1,048 sq. ft.2218 Gilbert Avenue, Indianapolis, IN 46227
MLS# 22125433Listed by: LANDTREE, REALTORS - Coming Soon
$359,900Coming Soon3 beds 3 baths2,738 sq. ft.4826 Spring Flower, Indianapolis, IN 46237
MLS# 22126157Listed by: REMAX ONE