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342 W 26th Street, Indianapolis, IN 46208

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
342 W 26th Street,Indianapolis, IN 46208
$114,000
  • 3 Beds
  • 2 Baths
  • 1,456 sq. ft.
  • Single family
  • Active
Listed by: karanjod cheema
Office: rize commercial realty llc.
MLS#:22114942
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$114,000
  • Price per sq. ft.:$52.2

About this home

Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio.

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Home facts

  • Year built:1920
  • Subdivision & Development:No Subdivision
  • Listing ID #:22114942
  • Added:102 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Dining Description:Formal Dining Room
  • Basement:Yes
  • Basement Description:Basement
  • Living area:1,456 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1920
  • Building area:1,456 sq. ft.
  • Lot area:0.08 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$114,000
  • Price per sq. ft.:$52.2
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