$119,900

1245 S Belmont Avenue, Indianapolis, IN 46221

3 beds |
1 bath |
816 sqft

Single-Family Home
Built in 1920
5,227sqft lot
2 car garage
$147/sqft
Listed 1 month ago

Property Description

Welcome to 1245 S Belmont, a well-maintained residential property offering immediate cash flow with a tenant already in place. This home features a functional layout, comfortable living spaces, and consistent rental performance, making it an ideal option for investors looking to add a stabilized property to their portfolio. The property is currently tenant-occupied, providing income from day one. Conveniently located with easy access to local amenities, major roadways, and everyday necessities, this home offers long-term rental appeal in an established neighborhood. Whether you're a seasoned investor or just starting to build your portfolio, 1245 S Belmont presents a solid opportunity with built-in tenancy and minimal upfront effort. Please do not disturb tenant. Showings by appointment only.

Listing Status:: Active
Data Last Updated:: March 4, 2026 at 6:17AM
Listing Office:: PMI Midwest : 317-546-3482
Listing Agent:: Mark Jones : 317-546-3482
MLS ID:: 22078955

Appliances: RefrigeratorGas Water Heater
Basement: Unfinished
A/C: None
Heating: Forced AirNatural Gas
Fireplace: Fireplaces: 0

Style: Traditional
Parking: Detached

General: OneBlock

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

Zoning: Kappes & Nalters Belmont Add L22491115141013000101

Water: Public

Source: mibor

This listing courtesy of Mark Jones , PMI Midwest

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Daniel Webster School 346

1450 S Reisner St, Indianapolis, IN, 46221

Grades KG-8

0.40 miles away

Daniel Webster School 346

1450 S Reisner St, Indianapolis, IN, 46221

Grades KG-8

0.40 miles away

George Washington High School

2215 W Washington St, Indianapolis, IN, 46222

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.