1615 E Southport Road, Indianapolis, IN 46227

$122,500
3
BD
1
BA
936
SqFt

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Sold Price
$122,500
List Price
$129,900
Closing Date
Mar 27, 2026
MLS#
22079394
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
936
Year Built
1984
Days on Market
77
Status
SOLD

Property Description

Welcome to 1615 Southport Road, a solid investment opportunity offering immediate rental income with a tenant already in place. This property features a practical layout with comfortable living space and a history of rental demand, making it a strong addition to any investment portfolio. The home is currently tenant-occupied, allowing for cash flow from day one. Conveniently located near major roadways, shopping, dining, and everyday amenities, the property offers long-term appeal for tenants and ease of management for owners. Ideal for investors seeking a stabilized asset with minimal upfront work, 1615 Southport Road presents a straightforward opportunity in an accessible and well-connected area. Please do not disturb tenant. Showings by appointment only.

Additional Information

Foundation
Slab
Stories
One
Architecture
Ranch
Equipment
Smoke Alarm
Interior
Paddle Fan
Acres
0.28
Heat
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Electric Oven, Refrigerator, Gas Water Heater
Region
Perry
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of PMI Midwest. Selling Office: American Dream Team Real Estate.

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