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2949 Wallace Avenue Indianapolis IN 46218
- 3
- Bedrooms
- 1
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
Welcome to 2949 Wallace Avenue, a prime investment opportunity offering strong, guaranteed cash flow. Currently vacant but with a signed Section 8 lease at $1,750 per month, this property provides immediate income potential with long-term stability. Featuring spacious living areas, updated finishes, and a low-maintenance design, it's ideal for investors seeking a turnkey addition to their portfolio. Located in a growing Indianapolis neighborhood with consistent rental demand, this home delivers both reliability and return-making it a smart, hassle-free investment you don't want to miss.
Property Details
Interior Features
- Appliances: Gas Water Heater, Range Hood
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Features: Other
- Setting / Lot Description: City Lot, Curbs, Sidewalks, Mature Trees, Wooded
- # Acres: 0.12
Listing Office: Compass Indiana, Llc
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Listing information last updated on October 26th, 2025 at 9:25am EDT.
