$165,000

520 E Minnesota Street, Indianapolis, IN 46203

4 beds |
1 bath |
1,127 sqft

Single-Family Home
Built in 1890
—— sqft lot
1 car garage
$146/sqft
Listed 6 days ago

Property Description

520 E Minnesota St | Bates-Hendricks Solid rental-grade investment in the heart of Bates-Hendricks, one of Indy's most actively revitalizing neighborhoods. This property is currently tenant-occupied, providing immediate cash flow from day one, with strong upside potential through future rent growth, cosmetic improvements, or long-term appreciation as the area continues to develop. The home offers a functional layout that performs well as a rental and has room for value-add improvements over time. Ideal for investors seeking a stable, low-maintenance hold with the option to optimize returns. Can be purchased individually or as part of a package, making it a great fit for both first-time investors and portfolio buyers looking to scale in a proven submarket. Conveniently located near downtown, Fountain Square, and major commuter routes-this is a straightforward investment with flexibility and future potential.

Listing Status:: Active
Data Last Updated:: February 16, 2026 at 5:17AM
Listing Office:: AMR Real Estate LLC : 317-654-2494
Listing Agent:: Samra Efendic : 317-654-2494
MLS ID:: 22083426

General: Wood Work Painted
Appliances: Convection OvenRefrigeratorElectric Water Heater
Basement: PartialUnfinished
A/C: Other
Heating: Forced AirElectricNatural Gas
Fireplace: Fireplaces: 0

Style: Other
Parking: Detached

General: OneBlock

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

Zoning: Minters Sub Seidensticker & Naltners Add L2491113197001000101

Water: Public

Source: mibor

This listing courtesy of Samra Efendic , AMR Real Estate LLC

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

James A. Garfield School 31

307 Lincoln St, Indianapolis, IN, 46225

Grades KG-8

0.20 miles away

James A. Garfield School 31

307 Lincoln St, Indianapolis, IN, 46225

Grades KG-8

0.20 miles away

Emmerich Manual High School

2405 Madison Ave, Indianapolis, IN, 46225

Grades 10-12

0.82 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.