342 W 26th Street, Indianapolis, IN 46208

• 3 beds |
• 2 baths |
• 1,456 sqft

Property Description

Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio.

Listing Status:

Active

Data Last Updated:

July 26, 2026 at 11:19PM

Listing Office:

Rize Commercial Realty LLC : 317-657-9985

Listing Agent:

Karanjod Cheema : 317-657-9985

MLS ID:

22114942

Interior

• General: Hardwood Floors
• Appliances: Other
• A/C: Central Air
• Heating: Natural Gas

Exterior

• Style: Traditional

Construction

• General: TwoConcrete Perimeter

Location

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

Lot

• Zoning: Mansur Pk 75Ft S End L116490626176201000101

Utilities

• Water: Public

Financial

• Source: mibor