$150,000

8139 E 48th Street, Indianapolis, IN 46226

3 beds |
1 bath |
792 sqft

Single-Family Home
Built in 1954
6,534sqft lot
—— car garage
$189/sqft
Listed 5 days ago

Property Description

Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,600/month ($19,200 annually) with lease in place through 12/31/2027, offering approximately 12.8% gross yield before expenses based on list price. Located within a small portfolio of three rental homes all within approximately .25 miles, providing potential for scale. Fenced back yard. Property is being sold as-is. No yard sign and no showings without an accepted offer. Please do not disturb tenants. Buyer to verify all information. Other property MLS #s 22095897 and 22095893

Listing Status:: Active
Data Last Updated:: April 29, 2026 at 9:17PM
Listing Office:: Berkshire Hathaway Home : 317-716-0137
Listing Agent:: Mark Gill : 317-716-0137
MLS ID:: 22095884

General: Eat-in Kitchen
Appliances: Gas OvenRefrigerator
A/C: Central Air
Heating: Natural Gas
Fireplace: Fireplaces: 0

General: Storage Shed
Style: Bungalow

General: OneSlab

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

Zoning: Harrison Park L292490807101177000407

Water: Public

Source: mibor

This listing courtesy of Mark Gill , Berkshire Hathaway Home

Monthly Payment

$Est. Payment

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

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.