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2 Beds
1 Bath
837 sqft

$86,000

3352 Wallace Avenue, Indianapolis IN, 46218

Price per sqft$102.75
Built in1946
Property size837 sqft
Property typeResidential
Courtesy of Rize Commercial Realty LLC, Karanjod Cheema Listing Contact:

Overview

Active

Listed Jul 22, 2026

Updated 2 days ago

Charming 2-bedroom, 1-bathroom single-family home offering a comfortable layout with plenty of space both inside and out. The home features additional basement space ideal for entertaining, recreation, or storage, along with large front and back yards providing room to relax, play, or host gatherings. A detached one-car garage includes a large attached covered side porch on a concrete slab, creating additional outdoor living space and functionality. Recent updates include a new A/C unit and furnace installed in July 2025. The home is currently occupied by a long-term tenant who has been in place since 2019, providing immediate rental income for an investor or a potential opportunity for an owner-occupant looking for future flexibility. The current rent is below market value, offering the ability to increase rents and capture additional income through a market-rate adjustment.

$572/mo

Est. mortgage payment based on a $86,000 home price.

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

Additional information

MLS® ID
22115867

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 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 4:34 AM UTC on 10/8/2026. 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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