The easiest door you'll buy all year. Under $115K, already leased at $1,150 a month, and sitting on a quiet near-Eastside stretch of Leland known for well-built single and multi-family homes. Two beds, one bath, day-one income, zero lease-up risk. This is the perfect first rental or a low-cost add that quietly stacks cash flow onto your portfolio. Part of a 17-door Indianapolis rental portfolio bringing in over $19,000 a month, all sold separately or as a package. Sold as-is. At this price it won't sit, make your move.
29 days
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468
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20
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Zillow last checked:
Listing updated:
Listed by:
Max Moore317-476-3338,
@properties,
Kenneth Fletcher
Source: MIBOR as distributed by MLS GRID,MLS#: 22109849
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Primary bedroom
Level: Main
Area: 99 Square Feet
Dimensions: 9x11
Bedroom 2
Level: Main
Area: 81 Square Feet
Dimensions: 9x9
Kitchen
Level: Main
Area: 110 Square Feet
Dimensions: 10x11
Living room
Level: Main
Area: 150 Square Feet
Dimensions: 10x15
Heating
Baseboard, Electric
Cooling
None
Appliances
Included: Electric Cooktop, Dryer, Refrigerator, Washer, Electric Water Heater
Features
Eat-in Kitchen
Has basement: No
Interior area
Total structure area: 567
Total interior livable area: 567 sqft
Property
Parking
Total spaces: 1
Parking features: Detached
Garage spaces: 1
Features
Levels: One
Stories: 1
Patio & porch: Deck
Lot
Size: 5,227 Square Feet
Features: Corner Lot
Details
Parcel number: 490727102123000701
Special conditions: As Is
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Residential, Single Family Residence
Materials
Vinyl Siding
Foundation: Crawl Space
Condition
New construction: No
Year built: 1959
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Emerson Gardens
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $203/sqft
Tax assessed value: $67,400
Annual tax amount: $1,290
Date on market: 6/26/2026
Cumulative days on market: 32 days
Estimated market value
Zestimate®
$110,200
Estimated sales range
$105,000 - $116,000
Rent Zestimate®
$1,040/mo
Price history
Date
Event
Price
6/26/2026
Listed for sale
$114,999-14.8%$203/sqft
Source: MIBOR as distributed by MLS GRID #22109849Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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