2726 S Lyons Avenue, Indianapolis, IN 46241
Local realty services provided by:CENTURY 21 Scheetz
2726 S Lyons Avenue,Indianapolis, IN 46241
$300,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: denis o'brien
Office: keller williams indy metro partners
MLS#:22128908
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$300,000
About this home
A rare opportunity offering flexibility, space, and income potential-all in one property. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or create a multi-generational living arrangement, this fully renovated tri-plex offers options that are hard to find. The property features three separate living spaces with a total of 7 bedrooms and 3 bathrooms. The main residence offers a spacious 3-bedroom, 1-bath layout, while the in-law quarters provide a private 2-bedroom, 1-bath setup. The third unit adds another 2 bedrooms and 1 bathroom, along with its own dedicated laundry room for added convenience. Previously generating approximately $5,000 per month in total rental income, this property offers compelling income potential for an investor or an owner-occupant looking to live in one unit while renting the others. Extensive renovations have already been completed throughout the property, including new HVAC systems, water heaters, plumbing, electrical, waterproof flooring, fresh interior paint, updated bathrooms, new faucets, appliances, and a new garage door. A 2-car garage provides additional value with space for parking, storage, or hobbies. With three living spaces, extensive updates, and multiple ways to use the property, this is more than just a home-it's an opportunity to create income, flexibility, and long-term value under one roof....
Contact an agent
Home facts
- Year built:1935
- Subdivision & Development:Mars Hill
- Listing ID #:22128908
- Added:23 day(s) ago
- Updated:October 25, 2026 at 03:23 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Heating and cooling
- Cooling:Central Electric, Wall Unit(s)
- Heating:Baseboard, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1935
- Lot area:0.24 Acres
- Lot Features:Mature Trees
- Architectural Style:Bungalow
- Construction Materials:Aluminum Siding
- Foundation Description:Block
Finances and disclosures
- Price:$300,000
Parking
- Garage:Yes
- Garage spaces:2
New listings near 2726 S Lyons Avenue
- Coming Soon
$450,000Coming Soon2 beds 2 baths1,640 sq. ft.4000 N Meridian Street #14J, Indianapolis, IN 46208
MLS# 22131831Listed by: MAYWRIGHT PROPERTY CO. - Coming Soon
$335,000Coming Soon4 beds 3 baths3,039 sq. ft.1517 Amberwoods Court, Indianapolis, IN 46239
MLS# 22133041Listed by: VISIONARY EMPOWERMENT REALTY GROUP - Coming Soon
$350,000Coming Soon3 beds 2 baths1,528 sq. ft.4950 Lincoln Road, Indianapolis, IN 46228
MLS# 22131552Listed by: DAVID BRENTON'S TEAM - Coming Soon
$384,900Coming Soon3 beds 2 baths1,451 sq. ft.10759 Seaview, Indianapolis, IN 46236
MLS# 22132617Listed by: HIGHGARDEN REAL ESTATE - Coming Soon
$220,000Coming Soon-- beds -- baths9314 E Southeastern Avenue, Indianapolis, IN 46239
MLS# 22130697Listed by: KELLER WILLIAMS INDY METRO PARTNERS - Coming Soon
$315,000Coming Soon3 beds 2 baths1,764 sq. ft.305 N Ridgeview Drive, Indianapolis, IN 46219
MLS# 22131952Listed by: ENVOY REAL ESTATE, LLC - Coming Soon
$629,000Coming Soon4 beds 4 baths4,848 sq. ft.214 Yorkshire Boulevard W, Indianapolis, IN 46229
MLS# 22131925Listed by: F.C. TUCKER COMPANY - Coming Soon
$350,000Coming Soon4 beds 3 baths2,944 sq. ft.920 Southview Drive, Indianapolis, IN 46227
MLS# 22131436Listed by: RE/MAX ADVANCED REALTY - Coming Soon
$450,000Coming Soon3 beds 2 baths2,200 sq. ft.10222 Leeward Boulevard, Indianapolis, IN 46256
MLS# 22130374Listed by: KELLER WILLIAMS INDPLS METRO N - Coming Soon
$429,900Coming Soon6 beds 4 baths3,804 sq. ft.8534 Rapp Drive, Indianapolis, IN 46237
MLS# 22130675Listed by: BRITTANY WOODS AT M.S.WOODS