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Charles Bell

charles@sbr.homes +1(765) 532-9814

Listed by Mya Williams • F.C. Tucker Company

$ 299,990

Est. payment -/mo

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1502 S Arlington AVE Indianapolis, IN 46203

4 Beds

3 Baths

2,599 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,599 sqft

Price per Sqft $115

Subdivision No Subdivision

MLS Listing ID 22104936

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1940

Tax Year 2024

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Single Family Residence

Property Description

Rare investment opportunity at 1502 S Arlington Ave offering an incredibly unique setup with massive income-producing potential and flexibility that is nearly impossible to find in today's market. This property is far more than a standard single-family home! It includes a main residence, an additional apartment, and a detached garage with finished living space above, creating multiple opportunities for strong rental income and creative investment strategies all on one property. Whether you're an experienced investor looking to expand your portfolio, a first-time buyer interested in house hacking, or someone searching for a property with long-term upside and versatility, this one delivers options that very few properties can match. The layout opens the door for multiple streams of income through long-term rentals, short-term rentals, furnished rentals, multigenerational living arrangements, guest accommodations, office or studio space, and more.The detached finished space alone creates incredible added value and flexibility, making this property ideal for buyers who understand the power of maximizing every square foot for income generation. Live in one unit while tenants help offset your mortgage, rent all spaces for impressive cash flow potential, or create a custom live/work setup tailored to your needs. Properties with this type of configuration are extremely rare because they offer something investors are constantly searching for flexibility, scalability, and multiple ways to increase returns. The possibilities here are endless, and the income potential is truly standout compared to typical properties in this price range. If you are tired of cookie-cutter investment properties and looking for something with real upside, serious rental potential, and the ability to stand apart from the competition, 1502 S Arlington Ave deserves your attention. Investors take notice opportunities like this do not come around often.

Location

State IN

County Marion

Rooms

Basement Partial, Unfinished

Main Level Bedrooms 4

Interior

Interior Features Kitchen Island, Paddle Fan, Hardwood Floors, Eat-in Kitchen

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Y

Appliance Dishwasher, Gas Water Heater, Gas Oven, Range Hood, Refrigerator

Exterior

Garage Spaces 3.0

Building

Story One

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Lowell Elementary School

High Schools Warren Central High School

School District Msd Warren Township

Others

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Charles Bell

Real Estate Advisor | RBRB18000586

+1(765) 532-9814

Charles Bell

1502 S Arlington AVE Indianapolis, IN 46203

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1502 S Arlington AVE