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  • $150,000

    4731 E 18th St, Indianapolis, IN 46218

    2beds
    768sqft
    : 
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    Residential, Single Family Residence
    Built in 1940
    6,098 Square Feet Lot
    $145,500 Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Cash flow from day one, no waiting and no guesswork. This 3-bed, 1-bath on the near Eastside is already leased at $1,695 a month, a rent-to-price ratio most investors only wish they could find at this price. You're minutes from downtown, the Emerson Avenue corridor, and quick interstate access, the kind of location that keeps good tenants in place and vacancy low. The tenant's in, the income's real, and the work is already done. This one is 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. Bring your strongest offer.
    16 days
    |
    75
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Max Moore 317-476-3338,

    @properties,

    Kenneth Fletcher,

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22109209MLS Logo

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      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: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Kitchen
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Living room
      • Level: Main
      • Area: 252 Square Feet
      • Dimensions: 14x18
      Heating
      • Forced Air, Electric, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Convection Oven, Refrigerator, Electric Water Heater
      Features
      • Attic Access, Eat-in Kitchen
      • Has basement: No
      • Attic: Access Only
      Interior area
      • Total structure area: 768
      • Total interior livable area: 768 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 6,098 Square Feet
      Details
      • Parcel number: 490733177067000101
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Residential, Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Bigneys
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $59,100
      • Annual tax amount: $1,252
      • Date on market: 6/25/2026
      • Cumulative days on market: 20 days

        Estimated market value

        $145,500

        $138,000 - $153,000

        $958/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$150,000+188.5%$195/sqft
        Source: MIBOR as distributed by MLS GRID #22109209 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        7/18/2019Listing removed$645$1/sqft
        Source: Owner Report a problem
        7/14/2019Price change$645-0.8%$1/sqft
        Source: Owner Report a problem
        6/23/2019Price change$650-4.4%$1/sqft
        Source: Owner Report a problem
        6/6/2019Price change$680-8.7%$1/sqft
        Source: Owner Report a problem
        5/21/2019Listed for rent$745+10.4%$1/sqft
        Source: Owner Report a problem
        6/9/2018Listing removed$675$1/sqft
        Source: Owner Report a problem
        6/5/2018Listed for rent$675+13.4%$1/sqft
        Source: Owner Report a problem
        5/23/2018Sold$52,000-10.3%$68/sqft
        Source: MIBOR as distributed by MLS GRID #21562824 Report a problem
        5/11/2018Pending sale$58,000$76/sqft
        Source: Alpine Realty, LLC #21562824 Report a problem
        4/30/2018Listed for sale$58,000+4.9%$76/sqft
        Source: Alpine Realty, LLC #21562824 Report a problem
        4/19/2018Listing removed$595$1/sqft
        Source: Alpine Leasing, LLC Report a problem
        4/8/2018Listed for rent$595$1/sqft
        Source: Alpine Leasing, LLC Report a problem
        7/3/2015Listing removed$595$1/sqft
        Source: Alpine Leasing Report a problem
        5/11/2015Sold$55,300$72/sqft
        Source: Public Record Report a problem
        4/3/2015Listed for rent$595$1/sqft
        Source: Lease 317 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,253 +6.7%$59,100 +11.9%
        2024$1,174 +0.5%$52,800 +6.7%
        2023$1,169 +20.6%$49,500
        2022$969 +9.5%$49,500 +17.9%
        2021$885 +8.3%$42,000 +9.9%
        2020$817 +19.9%$38,200 +10.4%
        2019$681 +15.4%$34,600 +21%
        2018$590 -21.4%$28,600 +8.7%
        2017$751 +568.3%$26,300
        2016$112 -98.6%$26,300 +396.2%
        2014$7,796 +6335.6%$5,300
        2013$121 $5,300 -1.9%
        2012$121 $5,400 -52.2%
        2011-- $11,300
        2010$235 -66.8%$11,300 -66%
        2009$708 $33,200 -7%
        2007-- $35,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Eastside

        Getting around

        55 / 100
        Somewhat Walkable
        31 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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