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2 Beds
1 Bath
567 sqft

$114,899

2202 N Leland Avenue, Indianapolis IN, 46218

Price per sqft$202.64
Built in1959
Property size567 sqft
Property typeResidential
Courtesy of @properties, Max Moore Listing Contact:

Overview

Active

Listed Jun 24, 2026

Updated Aug 9

Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages include a furnace and air conditioner at approximately four years, water heater at three years, flooring at four years, and roof at eight to ten years, with no reported plumbing or electrical issues. The tenant pays all utilities. Located on a quiet residential stretch of North Leland Avenue in an established neighborhood of well-built single-family and multi-family homes, with convenient access to downtown Indianapolis. An ideal entry-level rental or an easy addition to an existing portfolio. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

$764/mo

Est. mortgage payment based on a $114,899 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22109849

Interior Features

Bedrooms
2
Bathrooms
1
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:07 PM UTC on 8/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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