$127,000

This 3-bedroom, 1-bathroom home offers a functional layout and plenty of indoor and outdoor living space. The main level features a spacious eat-in kitchen, a formal dining room, one bedroom, and a full bathroom, while two additional bedrooms are located upstairs. The basement provides flexible space for recreation, entertaining, or additional storage. A new furnace was installed in November 2024. Enjoy relaxing on the covered front porch or entertaining on the concrete patio overlooking the spacious backyard. The property also offers convenient alley access with a concrete parking pad for two vehicles, along with generous front and rear yard space. Conveniently located less than one mile from I-65 and the Children's Museum, this home provides easy access to Downtown Indianapolis, local amenities, and major transportation routes. The property is currently leased to a long-term tenant who has occupied the home for over 20 years. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. This property offers immediate rental income with strong value-add potential.