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257 N Tacoma Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
257 N Tacoma Avenue,Indianapolis, IN 46201
$395,000
  • 4 Beds
  • 4 Baths
  • 2,120 sq. ft.
  • Single family
  • Active
Listed by: max welch
Office: exp realty, llc.
MLS#:22090355
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$395,000
  • Price per sq. ft.:$165.13

About this home

$4,100/Month in Rental Income! Fully renovated, turnkey investment property offering immediate income potential! Both units are currently tenant-occupied, with the 4-bedroom, 4-bathroom main home generating $2,700/month & the converted garage featuring a 2-bedroom, 1-bathroom apartment generating an additional $1,400/month. With a combined rental income of $4,100/month, this property presents an excellent opportunity for investors seeking a move-in-ready, income-producing asset. Both units can also be delivered vacant at closing, offering flexibility for owner-occupants or investors looking to establish their own rental arrangements.

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Home facts

  • Year built:1955
  • Subdivision & Development:A M Ogle Et Al East Park
  • Listing ID #:22090355
  • Added:222 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Double Oven, Electric Cooktop, Microwave, Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:2,120 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1955
  • Building area:2,120 sq. ft.
  • Lot area:0.1 Acres
  • Architectural Style:Craftsman
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony, Fire Pit
  • Foundation Description:Block, Crawl Space, Partial

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$165.13

Features and amenities

  • Appliances:Microwave, Refrigerator
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