Turn Key Indy Cash Flow

This 816 sq ft 2-bed, 2-bath single-family home sits on North Arsenal Ave in the Martindale-Brightwood area of Indianapolis. The property is in strong rental condition with a new roof, newer AC, and interiors in good shape per photos. The current tenant is paying $1,350/month through June, making this a true turn-key acquisition with immediate cash flow.

Delivered occupied, no rehab required, and likely only one showing opportunity.

🛠️ Rehab Scope

None. Property is turn-key with new roof & AC and interiors in solid condition.

• 3125 N Tacoma Ave – 1,104 sq ft, 3/1.5, built 1946 → Sold $175,000 ($159/sq ft) – updated
• 1933 Tallman Ave – 1,176 sq ft, 3/1, built 1941 → Sold $179,000 ($152/sq ft) – recently renovated
• 3107 Wallace Ave – 1,009 sq ft, 3/1, built 1949 → Sold $150,000 ($149/sq ft) – new roof/AC/WH
• 2709 Station St – 1,478 sq ft, 3/2, built 1920 → Sold $200,000 ($135/sq ft) – renovated

💰 ARV Insight

Renovated homes in this area are consistently selling in the $149–$159 per sq ft range, on bigger homes

With an ask of $119,900 and tenant in place at $1,350/mo, this is a turn-key deal offering immediate double-digit gross yield and low capital exposure