735 N Bancroft Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
735 N Bancroft Street,Indianapolis, IN 46201
$185,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: rosie berzenye
Office: t&h realty services, inc.
MLS#:22085980
Source:IN_MIBOR

Price summary

  • Price:$185,000

About this home

Perfect Addition to Your Rental Portfolio! Well-maintained 1 bedroom / 1 full bathroom per side duplex located in the popular Emerson Heights neighborhood. This turnkey investment offers immediate and stable rental income with long-term tenants already in place. Upon arrival, you're welcomed by a well-kept lot and inviting front porch areas for each unit to enjoy. Inside, both units feature an open living and dining room layout filled with charm and classic character. The thoughtfully designed kitchens offer functional space and practical flow. Down the hall, each unit includes a full bathroom with a tub/shower combo and a spacious bedroom. The property also includes a 2-car detached garage, with each unit enjoying its own 1-car garage space - a valuable amenity for tenants. Investment Highlights: Unit 733: Leased is MTM at $700/month (tenant in place since 2014). Unit 735: Leased through 4/2027 at $900/month (tenant in place since 2025). With strong rental history, established...

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Home facts

  • Year built:1930
  • Listing ID #:22085980
  • Added:63 day(s) ago
  • Updated:April 30, 2026 at 08:42 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1930
  • Lot area:0.15 Acres

Schools

  • High school:Arsenal Technical High School
  • Middle school:H L Harshman Middle School

Finances and disclosures

  • Price:$185,000

Parking

  • Garage:Yes
  • Garage spaces:2
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