1201 Wade Street, Indianapolis, IN 46203
- $239,000
- List Price
- $239,000
- MLS#
- 22114118
- Status
- ACTIVE
- Days on Market
- 14
Property Description
Excellent investment opportunity just minutes from Garfield Park! This unique property features two completely separate homes on one parcel, each with its own utilities, central A/C, private living space, and fenced yard access. The front home currently rents for $1,255/month and the rear home rents for $1,045/month, providing immediate rental income. Conveniently located near Garfield Park, shopping, restaurants, and public transportation, with easy access to downtown Indianapolis. Please note: The interior photos were taken prior to the current tenants moving in. We chose not to publish photos containing the tenants' personal belongings to respect their privacy. Additional interior photos are available upon request. Property is tenant occupied. Showings will be scheduled after an accepted offer to minimize disruption to the residents. Buyer inspections and walkthroughs will be completed during the due diligence period. Whether you're looking to add to your portfolio or own a property with two standalone rental homes, this is a rare opportunity in an area seeing continued investment and growth.
/u.realgeeks.media/hoosierhomepro/header3.png)
Additional Information
- Tenant Pays
- All Utilities, Insurance
- Owner Pays
- Insurance, Taxes
- Basement
- Unfinished
- Stories
- One
- Acres
- 0.14
- Cooling
- Central Air
- Financing
- Exchange - 1031, Conventional
- Region
- Center
Mortgage Calculator
Listing courtesy of Hanza Realty, LLC.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative