$120,000
Calculate Payment
Calculate Payment
8315 E 36th Place Indianapolis, IN 46226
Single Family
Residence
3
Beds
2
Baths
...
Bed/Bath
1,181
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Investor alert! This is your opportunity to secure a cash-flowing property with built-in upside potential. Currently rented at $900 per month (mo-to-mo), this turnkey 3-bedroom, 1.5-bath ranch home provides immediate income and a strong foundation for long-term gains. Once the lease expires, you can... adjust the rent to match current market rates-or go even further and tap into the Section 8 program. With the IHA rate for a 3-bedroom property in Marion County at $2,110, you'll quickly surpass the coveted 1% rule and significantly boost your monthly cash flow. Located on the far east side of Indianapolis, your tenants will appreciate the convenience of being just minutes from Pendleton Pike's abundant shopping and dining options, close to the expansive Fort Harrison State Park for weekend recreation, and near major freeways for easy commutes. Dubarry Park is only a few blocks away, adding to the property's appeal. Plus, the newly installed HVAC system ensures low-maintenance comfort. Whether you're new to real estate investing or looking to add a stable, cash-flow-focused asset to your portfolio, this property is already working for you-and there's room to grow. Don't let this rare opportunity slip by!
Continue reading
MLS#
22015467
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full/1 Half
Year Built
1960
Square Feet
1,181
sq. ft
Lot Size
0.33
Stories
1.0
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.