2949 Wallace Avenue, Indianapolis, IN 46218

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2949 Wallace Avenue,Indianapolis, IN 46218
$129,900
  • 3 Beds
  • 1 Baths
  • 888 sq. ft.
  • Single family
  • Active
Listed by:hayley wild
Office:compass indiana, llc.
MLS#:22067234
Source:IN_MIBOR

Price summary

  • Price:$129,900
  • Price per sq. ft.:$146.28

About this home

Welcome to 2949 Wallace Avenue, a prime investment opportunity offering strong, guaranteed cash flow. Currently vacant but with a signed Section 8 lease at $1,750 per month, this property provides immediate income potential with long-term stability. Featuring spacious living areas, updated finishes, and a low-maintenance design, it's ideal for investors seeking a turnkey addition to their portfolio. Located in a growing Indianapolis neighborhood with consistent rental demand, this home delivers both reliability and return-making it a smart, hassle-free investment you don't want to miss.

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Home facts

  • Year built:1955
  • Listing ID #:22067234
  • Added:1 day(s) ago
  • Updated:October 13, 2025 at 07:39 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:888 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1955
  • Building area:888 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$129,900
  • Price per sq. ft.:$146.28
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