614 E 21st Street, Indianapolis, IN 46202
Local realty services provided by:CENTURY 21 Scheetz
614 E 21st Street,Indianapolis, IN 46202
$465,000
- 4 Beds
- 4 Baths
- 2,432 sq. ft.
- Single family
- Active
Listed by: todd carpenter
Office: eddy properties, llc.
MLS#:22101364
Source:IN_MIBOR
Price summary
- Price:$465,000
- Price per sq. ft.:$191.2
About this home
Investor opportunity in the heart of Indianapolis! Welcome to 614 E 21st St, Indianapolis, IN 46202! Strong cash flow potential meets quality construction in this exceptional investment property located in one of Indianapolis' growing urban corridors. Whether you're expanding your rental portfolio, executing a house-hack strategy, or seeking a short-/mid-term rental opportunity, this asset offers multiple income streams and long-term upside. The primary residence is a well-appointed traditional home featuring upgraded finishes that attract quality tenants, including a modern kitchen with granite countertops, stainless steel appliances, dark cabinetry, an undermount sink, and a butler's pantry. Engineered hardwood flooring throughout the main level enhances durability and appeal, while the spacious layout supports strong rental demand. The upper-level primary suite includes premium finishes with a custom tiled shower, granite dual vanities, and an attractive bath design, while additional bathrooms offer comparable upgraded finishes-helping position the property above average rental inventory. The true value-add is the detached income-producing carriage house, creating a compelling multi-income opportunity. This separate unit includes private access, dedicated laundry, private patio, garage bay, and carport parking, making it highly marketable for long-term tenants, furnished rentals, guest housing, or owner-occupant offset income. Exterior amenities, including a private fenced backyard and large patio further increase tenant desirability and retention. Both units are currently occupied. The main house is leased until 9/30/2026, and the Carriage house is leased as a rental arbitrage until 7/31/2028 as an Airbnb. This property is professionally managed, and the current management company is interested in continuing to manage this property....
Contact an agent
Home facts
- Year built:2008
- Listing ID #:22101364
- Added:73 day(s) ago
- Updated:July 26, 2026 at 03:04 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Hardwood Floors
- Dining Description:Formal Dining Room
- Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator
- Living area:2,432 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Year built:2008
- Building area:2,432 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Cement Siding
- Foundation Description:Slab
Utilities
- Water:Public Water
Finances and disclosures
- Price:$465,000
- Price per sq. ft.:$191.2
Features and amenities
- Appliances:Microwave, Refrigerator
Parking
- Garage:Yes
- Garage spaces:3
New listings near 614 E 21st Street
- New
$172,500Active2 beds 1 baths1,036 sq. ft.4027 Eagle Cove West Drive, Indianapolis, IN 46254
MLS# 22112007Listed by: F.C. TUCKER COMPANY - New
$280,000Active3 beds 2 baths1,504 sq. ft.4415 Par Drive, Indianapolis, IN 46268
MLS# 22115040Listed by: THE STEWART HOME GROUP - New
$215,000Active2 beds 2 baths1,254 sq. ft.257 E Minnesota Street, Indianapolis, IN 46225
MLS# 22116178Listed by: EPIQUE INC - New
$248,900Active4 beds 2 baths1,660 sq. ft.651 Fabyan Road, Indianapolis, IN 46217
MLS# 22116470Listed by: @HOME INDIANA - New
$149,900Active2 beds 2 baths1,500 sq. ft.5003 Amber Creek Place #208, Indianapolis, IN 46237
MLS# 22115261Listed by: SMYTHE & CO, INC - New
$350,000Active3 beds 3 baths2,635 sq. ft.7816 Rock Rose Court, Indianapolis, IN 46237
MLS# 22115441Listed by: YOUR HOME TEAM - New
$225,000Active3 beds 2 baths1,080 sq. ft.2364 S Post Road, Indianapolis, IN 46239
MLS# 22116262Listed by: SUGAR CREEK REAL ESTATE, LLC - New
$172,000Active2 beds 1 baths902 sq. ft.10323 Draycott Avenue, Indianapolis, IN 46236
MLS# 22116422Listed by: HIGHGARDEN REAL ESTATE - New
$159,900Active2 beds 2 baths1,947 sq. ft.114 E 27th Street, Indianapolis, IN 46205
MLS# 22116441Listed by: CARPENTER, REALTORS - New
$193,900Active-- beds -- baths22 N Tremont Street, Indianapolis, IN 46222
MLS# 22116433Listed by: KENTER REAL ESTATE, LLC