$134,900

1615 E Southport Road, Indianapolis, IN 46227

3 beds |
1 bath |
936 sqft

Single-Family Home
Built in 1984
0.28acre lot
4 car garage
$144/sqft
Listed 1 month ago

Property Description

Welcome to 1615 Southport Road, a solid investment opportunity offering immediate rental income with a tenant already in place. This property features a practical layout with comfortable living space and a history of rental demand, making it a strong addition to any investment portfolio. The home is currently tenant-occupied, allowing for cash flow from day one. Conveniently located near major roadways, shopping, dining, and everyday amenities, the property offers long-term appeal for tenants and ease of management for owners. Ideal for investors seeking a stabilized asset with minimal upfront work, 1615 Southport Road presents a straightforward opportunity in an accessible and well-connected area. Please do not disturb tenant. Showings by appointment only.

Listing Status:: Active
Data Last Updated:: February 17, 2026 at 2:20AM
Listing Office:: PMI Midwest : 317-546-3482
Listing Agent:: Mark Jones : 317-546-3482
MLS ID:: 22079394

General: Paddle Fan
Appliances: Electric OvenRefrigeratorGas Water Heater
A/C: Central Air
Heating: Forced AirNatural Gas
Fireplace: Fireplaces: 0

Style: Ranch
Parking: Attached

General: OneSlab

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

Zoning: Pt Nw1/4 Ne1/4 S18 T14 R4 Beg 37.17' S & 93.46' Eof Nw Cor E 4.61' E 80.32' S 142.65' W 84.77'N 134.43' To Beg Tract B .269 Acres491518129001000500

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

Homecroft Elementary School

1551 Southview Dr Ste 1, Indianapolis, IN, 46227

Grades 1-5

0.22 miles away

Southport Middle School

5715 S Keystone Ave, Indianapolis, IN, 46227

Grades 7-8

1.42 miles away

Southport High School

971 E Banta Rd, Indianapolis, IN, 46227

Grades 9-12

0.78 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.