Address
1949 N Colorado Avenue, Indianapolis, IN
Price
$ 129,000
Property Attributes
  • MLS#22098880
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodBrookside Sunny Grove
  • Zip46218
  • StyleBungalow
  • Year Built1950
  • Price$ 129,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage736
  • Lot Size0.12 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Income-producing rental property available in Indianapolis! This well-maintained and updated 2-bedroom, 1-bath home is tenant-occupied and generating immediate cash flow for its next owner. Offering approximately 736 square feet, the property features a practical floor plan, updated kitchen and bath, central air, and a detached garage. Conveniently situated near shopping, dining, employment centers, and major transportation routes, this property presents an excellent opportunity for investors seeking a solid addition to their rental portfolio. Tenant rights apply; please do not disturb the tenant.

Price History
5/1/2026 Listed $130,000
5/28/2026 1$129,000

General Features

Heating Forced Air
Cooling Central Air
Utilities Cable Available
Possession Subject to Tenant Rights
Appliances Dishwasher,Gas Water Heater,Gas Oven
Garage Spaces 2
Patio/Porch Features Porch
Architectural Style Bungalow
Construction Materials Vinyl Siding
Year Built 1950
Electric 100 Amp Service
Township Center
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Brookside Sunny Grove
Garage Y/N Yes
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5271
Property Attached Y/N No
Current Financing Conventional
Property Condition Updated/Remodeled
Standard Status Active
Legal Description Brookside Sunny Grove Add Sec 2 L256

Interior Features

Interior Amenities Eat-in Kitchen
Basement Unfinished
Basement (Y/N) Yes
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Exterior Amenities Not Applicable
Parking Features Detached
Lot Features Not Applicable
Water Source Public
Foundation Details Block
Building Area Total 736
Lot Size Acres 0.12
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46218

Price
AVG $160K
$130K
Year Built
AVG 1950
1950
Visits
AVG 111
166
Data Provided by Inside Real Estate®

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