5201 Burgess Avenue
Indianapolis, INDon't miss this income-producing investment property located just minutes from the highly sought-after Irvington neighborhood in Indianapolis! This well-maintained 2-bedroom, 1-bath home features a welcoming front porch, perfect for relaxing and adding curb appeal. The property has been updated with a new roof and gutters, helping reduce future maintenance expenses and protect your investment. Best of all, the home is currently tenant-occupied and generating $1,450 per month in rental income, providing immediate cash flow from day one. Investment Highlights: 2 Bedrooms | 1 Bathroom Tenant in place paying $1,450/month New roof and gutters Charming front porch Convenient location near Irvington Strong rental demand area Turnkey investment opportunity Whether you're looking to expand your rental portfolio or purchase your first investment property, this Indianapolis rental offers the combination of steady income, recent improvements, and a desirable location that investors are seeking. Start earning from closing day with this cash-flowing Indianapolis investment!
Active
- Price
- $ 119,000
- City
- Indianapolis
- Bedrooms
- 2
- Full Bathrooms
- 1
- County
- MARION
- Half Bathrooms
- 0
- Area
- Warren
- Lot Size
- 0.08 Acres
- Zip
- 46219
- Sqr Footage
- 1,888
- Year Built
- 1921
- Taxes
- $ 2104
- Style
- Bungalow
- MLS#
- 22106555
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Columbus, IN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 46219
5201 Burgess Avenue Indianapolis, IN is a Single Family Home for sale at $119000 with 1888 sqft and a lot size of 0.08 Acres Acre(s). 5201 Burgess Avenue Indianapolis has 2 bedrooms, 1 baths and was built in 1921. The property's zip code is 46219 which is in Indianapolis, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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