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...

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: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
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.