Investor opportunity on the east side of Indianapolis! This 2-bedroom, 1-bath home at 4737 E 33rd St is tenant-occupied with a long-term resident in place, generating $800/month in rental income-offering immediate cash flow from day one. Low-maintenance and easy to manage, this property is well-suited for investors looking for steady, consistent returns. Conveniently located near major roadways, shopping, and local amenities, the area supports strong rental demand. Whether you're adding to your portfolio or looking for a reliable income-producing property, this is a solid opportunity with continued upside.
Sold
Zestimate®
$81,500
4737 E 33rd St, Indianapolis, IN 46218
2beds
864sqft
Residential, Single Family Residence
Built in 1955
7,405.2 Square Feet Lot
$81,500 Zestimate®
$94/sqft
$1,206 Estimated rent
Home value
$81,500
$77,000 - $86,000
$1,206/mo
Zestimate® history
Owner options
List your home for rent
$1,206/mo
Rent Zestimate®
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$1,206/mo
Rent Zestimate®
Refinance and save
$410/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$410/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Andrew Hehman 812-344-0722,
eXp Realty LLC,
Alex Montagano
Bought with:
Matt Snyder
BluPrint Real Estate Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22097253
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: 192 Square Feet
- Dimensions: 16x12
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 11X21
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Gas Oven
Features
- Eat-in Kitchen
- Has basement: No
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 7,405 sqft
Details
- Parcel number: 490721127327000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Forest
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $81,500-9.3%$94/sqft |
Source:  MIBOR as distributed by MLS GRID #22097253 Report a problem | ||
| 5/28/2026 | Pending sale | $89,900$104/sqft |
Source: MIBOR as distributed by MLS GRID #22097253 Report a problem | ||
| 4/30/2026 | Price change | $89,900-7.8%$104/sqft |
Source: MIBOR as distributed by MLS GRID #22097253 Report a problem | ||
| 4/23/2026 | Listed for sale | $97,500+226.1%$113/sqft |
Source: MIBOR as distributed by MLS GRID #22097253 Report a problem | ||
| 8/25/2006 | Sold | $29,901$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,111 -3.9% | $53,800 +15% |
| 2024 | $1,155 +3.2% | $46,800 -3.9% |
| 2023 | $1,119 +35.9% | $48,700 +2.7% |
| 2022 | $824 +27.9% | $47,400 +32.8% |
| 2021 | $644 +2.5% | $35,700 +28.4% |
| 2020 | $628 +21.5% | $27,800 +4.5% |
| 2019 | $517 +18.7% | $26,600 +22.6% |
| 2018 | $435 -1.7% | $21,700 +14.2% |
| 2017 | $443 +6.4% | $19,000 +3.3% |
| 2016 | $416 +6.5% | $18,400 +0.5% |
| 2014 | $391 +111.9% | $18,300 -11.2% |
| 2013 | $184 | $20,600 -38.7% |
| 2012 | $184 | $33,600 -3.4% |
| 2011 | -- | $34,800 |
| 2010 | $181 +11.4% | $34,800 |
| 2009 | $163 | $34,800 |
| 2007 | -- | $34,800 +14.1% |
| 2006 | -- | $30,500 +3.7% |
| 2005 | -- | $29,400 |
| 2004 | -- | $29,400 |
| 2003 | -- | $29,400 +81.5% |
| 2002 | -- | $16,200 +200% |
| 2001 | -- | $5,400 |
| 2000 | -- | $5,400 |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
Nearby schools
GreatSchools rating
- 3/10James Russell Lowell School 51Grades: PK-5Distance: 1.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4.4 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$81,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$81,500
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