8217 E 48th Street, Indianapolis, IN 46226
- $107,727
- 3
- BD
- 1
- BA
- 792
- SqFt
- Sold Price
- $107,727
- List Price
- $135,000
- Closing Date
- Jul 17, 2026
- MLS#
- 22095893
- Property Type
- Residential
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft. of Residence
- 792
- Year Built
- 1954
- Days on Market
- 84
- Status
- SOLD
Property Description
Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,200/month ($14,400 annually) with lease in place through 12/31/2027, offering approximately 10.7% 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 MLS #s: 22095884 and 22095897
Additional Information
- Foundation
- Slab
- Stories
- One
- Architecture
- Bungalow, Mid-Century Modern
- Equipment
- None
- Interior
- Eat-in Kitchen
- Acres
- 0.19
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Financing
- Exchange - 1031, Conventional
- Appliances
- Electric Cooktop, Dishwasher, Gas Water Heater
- Semi-Annual Taxes
- $792
- Garage
- Yes
- Region
- Lawrence
- Eating Areas
- Dining Combo/Kitchen
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Listing courtesy of Berkshire Hathaway Home. Selling Office: Berkshire Hathaway Home.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative