1245 S Belmont Avenue, Indianapolis, IN 46221

$100,000
3
BD
1
BA
1,632
SqFt

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Sold Price
$100,000
List Price
$99,900
Closing Date
May 08, 2026
MLS#
22078955
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
1,632
Year Built
1920
Days on Market
122
Status
SOLD

Property Description

Welcome to 1245 S Belmont, a well-maintained residential property offering immediate cash flow with a tenant already in place. This home features a functional layout, comfortable living spaces, and consistent rental performance, making it an ideal option for investors looking to add a stabilized property to their portfolio. The property is currently tenant-occupied, providing income from day one. Conveniently located with easy access to local amenities, major roadways, and everyday necessities, this home offers long-term rental appeal in an established neighborhood. Whether you're a seasoned investor or just starting to build your portfolio, 1245 S Belmont presents a solid opportunity with built-in tenancy and minimal upfront effort. Seller will cover %1500 in closing costs. Please do not disturb tenant. Showings by appointment only.

Additional Information

Basement
Unfinished
Foundation
Block
Stories
One
Architecture
Traditional
Equipment
Smoke Alarm
Acres
0.12
Heat
Forced Air, Natural Gas
Cooling
None
Appliances
Refrigerator, Gas Water Heater
Semi-Annual Taxes
$1,388
Garage
Yes
Region
Center
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of PMI Midwest. Selling Office: The Cascade Team Real Estate.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative