$240,000

1466 S Worth Avenue, Indianapolis, IN 46241

  • 2 beds |
  • 1 bath |
  • 1,020 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $235/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Looking for a turnkey investment opportunity? This unique property offers two fully renovated homes on one lot, providing immediate rental income and excellent flexibility. The 1,020 sq. ft. main home features 2 bedrooms and 1 full bath and is currently leased for $1,590 per month. A separate 750 sq. ft. garage apartment offers an additional 1 bedroom and 1 full bath and is currently leased for $1,100 per month. The main home has been extensively renovated with major updates including a newer roof, flooring, plumbing, electrical, windows, HVAC system, and a beautifully updated kitchen with new appliances. Spacious bedrooms and comfortable living areas make this a desirable and functional home for tenants. The detached garage apartment has also been fully renovated and features its own updated kitchen, appliances, and private bath. With separate living spaces and strong rental income, this property presents an excellent opportunity for investors seeking a low-maintenance addition to their portfolio. Both residences share a driveway and offer ample yard space. Current combined rental income is $2,690 per month. Tenant rights apply.

Listing Status:
Active
Data Last Updated:
October 9, 2026 at 4:20AM
Listing Office:
Matlock Realty Group : 317-910-6493
Listing Agent:
Beau Matlock : 317-910-6493
MLS ID:
22123393
  • General: Vaulted Ceiling(s)Cathedral Ceiling(s)
  • Appliances: DishwasherMicroHoodElectric OvenRefrigerator
  • A/C: Central Air
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • Style: Traditional
  • Other Structures: Porch
  • Parking: Detached
  • General: OneCrawl Space
  • Originating MLS: mibor
  • School District: MSD Wayne Township
  • County: Marion
  • Zoning: Sunset Park L 41491213101187000930
  • Water: Public
  • Source: mibor

This listing courtesy of Beau Matlock , Matlock Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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