4731 E 18th Street, Indianapolis, IN 46218

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4731 E 18th Street,Indianapolis, IN 46218
$149,900
  • 2 Beds
  • 1 Baths
  • 768 sq. ft.
  • Single family
  • Active
Listed by: max moore, kenneth fletcher
Office: @properties
MLS#:22109209
Source:IN_MIBOR

Price summary

  • Price:$149,900
  • Price per sq. ft.:$195.18

About this home

Income-producing single-family rental on the near east side of Indianapolis, offered at $150,000. This 2-bedroom, 1-bathroom home sits on a slab foundation and is currently occupied by a tenant in place approximately four years with a consistent payment history, providing immediate cash flow with no lease-up period. Approximately 768 square feet. Recent system ages include roof at eight to nine years, mechanical systems at approximately eight years, and flooring at approximately five years, with the most recent rehab completed roughly four years ago. The property averages about two maintenance calls per year and the tenant pays all utilities. No open code violations. Located in the Hawthorne Manor area with quick access to downtown Indianapolis and the Emerson Avenue corridor. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current lease and rent roll available upon request. Property sold as-is.

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Home facts

  • Year built:1940
  • Subdivision & Development:Bigneys
  • Listing ID #:22109209
  • Added:48 day(s) ago
  • Updated:August 12, 2026 at 10:28 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Convection Oven, Refrigerator
  • Living area:768 sq. ft.

Heating and cooling

  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1940
  • Building area:768 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Vinyl Siding
  • Foundation Description:Crawl Space

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$149,900
  • Price per sq. ft.:$195.18

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Attic Access
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