Veterans United Realty
21 Photos

1719 Thaddeus Street, Indianapolis, IN 46203

$149,999 Asking Price

2 beds
1 bath
953  sqft
Built in 1955

This updated 2 bed/1 bathroom rental has great cash flow of $14,400/year, a 7.9% cap rate after expenses and a wonderful tenant. The water heater and the AC condenser are newer, and the house features white vinyl windows throughout, fresh interior and exterior paint, newer luxury vinyl plank flooring and a fully remodeled bathroom. This is located on a quiet street in an appreciating area with lots of renovations happening on the southeast side of Indianapolis near Fountain Square, Garfield Park, and just minutes from Downtown! Features like the welcoming covered front porch, fully fenced backyard, central air, spacious bedrooms, and interior updates will help retain quality tenants and make this rental a valuable addition to your portfolio. Buy both 1719 and 1717 Thaddeus as a package for $316,000 for a cap rate of 7.5% with combined annual cash flow of $30,120! No assignment of contracts.


Listing Status:
Active
Date Added:
October 1, 2024 — 2 days ago
Listing Office:
Highgarden Real Estate, Elizabeth Ewbank (317-258-7019)
Office Phone:
lewbank@highgarden.com
MLS ID:
22004068

Features & Amenities

Interior

General:
Eat-in Kitchen, Windows Vinyl, Wood Work Painted
Appliances:
Gas Water Heater, Laundry Connection in Unit, Gas Oven, Refrigerator
Laundry:
Main Level
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Other Structures:
Covered Porch

Construction

General:
One, Block

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Hunts Se Add L19, 491018119036000101
Fencing:
Fence Full Rear, Privacy

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Highgarden Real Estate, Elizabeth Ewbank

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

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