1466 S Worth Avenue, Indianapolis, IN 46241
- $240,000
- 2
- BD
- 1
- BA
- 1,020
- SqFt
- List Price
- $240,000
- Price Change
- ▼ $9,900 1789613990
- MLS#
- 22123393
- Status
- ACTIVE
- Days on Market
- 0
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft. of Residence
- 1,020
- Property Type
- Residential
- Year Built
- 1940
Property Description
Looking for a turnkey investment opportunity? This unique property offers two fully renovated homes on one lot, providing immediate rental income and excellent flexibility. The 1,020 sq. ft. main home features 2 bedrooms and 1 full bath and is currently leased for $1,590 per month. A separate 750 sq. ft. garage apartment offers an additional 1 bedroom and 1 full bath and is currently leased for $1,100 per month. The main home has been extensively renovated with major updates including a newer roof, flooring, plumbing, electrical, windows, HVAC system, and a beautifully updated kitchen with new appliances. Spacious bedrooms and comfortable living areas make this a desirable and functional home for tenants. The detached garage apartment has also been fully renovated and features its own updated kitchen, appliances, and private bath. With separate living spaces and strong rental income, this property presents an excellent opportunity for investors seeking a low-maintenance addition to their portfolio. Both residences share a driveway and offer ample yard space. Current combined rental income is $2,690 per month. Tenant rights apply.
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Additional Information
- Foundation
- Crawl Space
- Stories
- One
- Architecture
- Traditional
- Interior
- Vaulted Ceiling(s), Cathedral Ceiling(s)
- Acres
- 0.19
- Heat
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, MicroHood, Electric Oven, Refrigerator
- Semi-Annual Taxes
- $1,405
- Garage Parking
- Finished Garage
- Region
- Wayne
- Eating Areas
- Dining Combo/Kitchen
Mortgage Calculator
Listing courtesy of Matlock Realty Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative