802 E Raymond Street, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
802 E Raymond Street,Indianapolis, IN 46203
$199,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: randy myers
Office: indiana real estate alliance,
MLS#:22098366
Source:IN_MIBOR

Price summary

  • Price:$199,900

About this home

Fantastic investment opportunity for a turnkey property that has been consistently rented for the past 30 years. This exceptionally maintained property features a maintenance-free exterior with siding and windows updated, as well as newer HVAC systems and water heaters. The units offer excellent hardwood floors and ample closet space. All appliances are included in both units including Washers and dryers. One side currently brings in $675 per month with long-term tenants, Pleasant Run side is ready to rent. There is significant potential to increase rent to $900-$1,000 per month, especially given the included 2 car garage parking and off street parking. Additionally, the property includes a full dry basement-confirmed by photos taken after heavy rains-which could easily be converted into another bedroom or living area with the installation of egress windows. Located just steps away from Garfield Park. Just minutes from Downtown, Fountain Square & Bates Hendricks. Also easy near...

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Home facts

  • Year built:1940
  • Listing ID #:22098366
  • Added:1 day(s) ago
  • Updated:April 30, 2026 at 11:42 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Full, Storage Space, Unfinished

Structure and exterior

  • Roof:Asphalt
  • Year built:1940
  • Lot area:0.12 Acres
  • Architectural Style:Bungalow, Ranch
  • Foundation Description:Block

Finances and disclosures

  • Price:$199,900

Parking

  • Garage:Yes
  • Garage spaces:2
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