8217 E 48th Street, Indianapolis, IN 46226

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
8217 E 48th Street,Indianapolis, IN 46226
$135,000
  • 3 Beds
  • 1 Baths
  • 792 sq. ft.
  • Single family
  • Active
Listed by: mark gill
Office: berkshire hathaway home
MLS#:22095893
Source:IN_MIBOR

Price summary

  • Price:$135,000
  • Price per sq. ft.:$170.45

About this home

Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,200/month ($14,400 annually) with lease in place through 12/31/2027, offering approximately 10.7% gross yield before expenses based on list price. Located within a small portfolio of three rental homes all within approximately .25 miles, providing potential for scale. Fenced back yard. Property is being sold as-is. No yard sign and no showings without an accepted offer. Please do not disturb tenants. Buyer to verify all information. Other MLS #s: 22095884 and 22095897

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Home facts

  • Year built:1954
  • Listing ID #:22095893
  • Added:50 day(s) ago
  • Updated:June 15, 2026 at 02:45 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Electric Cooktop
  • Living area:792 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1954
  • Building area:792 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Mature Trees, Sidewalks
  • Architectural Style:Bungalow, Mid-Century Modern
  • Construction Materials:Vinyl Siding
  • Foundation Description:Slab

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$135,000
  • Price per sq. ft.:$170.45

Parking

  • Garage:Yes
  • Garage spaces:2
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