1466 S Worth Avenue
Indianapolis, INLooking for a turnkey investment opportunity? This unique property offers two fully renovated homes on one lot, providing immediate rental income and excellent flexibility. The 1,020 sq. ft. main home features 2 bedrooms and 1 full bath and is currently leased for $1,590 per month. A separate 750 sq. ft. garage apartment offers an additional 1 bedroom and 1 full bath and is currently leased for $1,100 per month. The main home has been extensively renovated with major updates including a newer roof, flooring, plumbing, electrical, windows, HVAC system, and a beautifully updated kitchen with new appliances. Spacious bedrooms and comfortable living areas make this a desirable and functional home for tenants. The detached garage apartment has also been fully renovated and features its own updated kitchen, appliances, and private bath. With separate living spaces and strong rental income, this property presents an excellent opportunity for investors seeking a low-maintenance addition to their portfolio. Both residences share a driveway and offer ample yard space. Current combined rental income is $2,690 per month. Tenant rights apply.
Active
- Price
- $ 240,000
- City
- Indianapolis
- Bedrooms
- 2
- Full Bathrooms
- 1
- County
- MARION
- Half Bathrooms
- 0
- Area
- Wayne
- Lot Size
- 0.19 Acres
- Zip
- 46241
- Sqr Footage
- 1,020
- Year Built
- 1940
- Taxes
- $ 2810
- Style
- Traditional
- MLS#
- 22123393
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 Lafayette, 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 46241
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Type
- Single Family
- Type
- Single Family
1466 S Worth Avenue Indianapolis, IN is a Single Family Home for sale at $240000 with 1020 sqft and a lot size of 0.19 Acres Acre(s). 1466 S Worth Avenue Indianapolis has 2 bedrooms, 1 baths and was built in 1940. The property's zip code is 46241 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.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.