$129,900

4002 N Catherwood Avenue, Indianapolis, IN 46226

4 beds |
1 bath |
984 sqft

Single-Family Home
Built in 1957
6,970sqft lot
—— car garage
$132/sqft
Listed 5 days ago

Property Description

Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal management needed, this property is an excellent addition to any portfolio seeking dependable returns.

Listing Status:: Active
Data Last Updated:: April 1, 2026 at 10:20PM
Listing Office:: Compass Indiana, LLC : 317-405-7915
Listing Agent:: Hayley Wild : 317-405-7915
MLS ID:: 22091764

General: Attic Access
Appliances: Electric OvenRefrigerator
A/C: None
Heating: Forced AirNatural Gas
Fireplace: Fireplaces: 0

Style: Bungalow
Parking: CarportAttached

General: OneSlab

Originating MLS: mibor
School District: MSD Lawrence Township
County: Marion

Zoning: Sheridan Heights Add L87490714108209000401

Water: Public

Source: mibor

This listing courtesy of Hayley Wild , Compass Indiana, LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Floro Torrence Elementary School 83

5050 E 42nd St, Indianapolis, IN, 46226

Grades PK-6

1.23 miles away

Arlington Middle School

120 E Walnut St, Indianapolis, IN, 46204

Grades 7-8

1.00 miles away

Thrival Academy

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-9

1.00 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.