1145 Madeira Street, Indianapolis, IN 46203

• 3 beds |
• 1 bath |
• 1,104 sqft

Property Description

Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.

Listing Status:

Active

Data Last Updated:

July 27, 2026 at 1:20AM

Listing Office:

Berkshire Hathaway HomeServices : 219-973-7094

Listing Agent:

Ashley Marino : 219-973-7094

MLS ID:

22111656

Interior

• General: Attic Access
• Appliances: NoneGas Water Heater
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Bungalow
• Parking: None

Construction

• General: OneBlock

Location

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

Lot

• Zoning: Hosbrook Prospect St Add L81 & S1/2 L82491017101124000101

Utilities

• Utilities: Cable Connected
• Water: Public

Financial

• Source: mibor