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$223,900 -

4106 Asbury Street Indianapolis IN 46227

2
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.75
Acres

Investors! This fully rehabbed 2-bed, 2-bath property delivers turnkey convenience with multiple income-producing possibilities. Completely renovated in 2022 with NEW electrical, can lighting, plumbing, drywall, roof, gutters, HVAC, siding, and concrete sidewalks-plus a brand-new septic system in 2023. Inside, you'll find fresh paint, new flooring, custom tile showers, and walk-in closets, offering the modern appeal short-term and mid-term renters love. Sitting on a .70-acre lot, this property includes an additional parcel that can be split off, developed, or used for expanded rental amenities. The 4-car garage has been converted into a flexible fitness studio with two bonus rooms-perfect for guest storage, office space for traveling professionals, or added rental features. A carport, shed, and fresh gravel driveway provide ample parking and convenience for multiple occupants or guests. With NO HOA, you have the freedom to operate as an Airbnb, Furnished Finder listing, or college rental without restrictions. And the location could not be better-walking distance to UIndy, making it ideal for student housing, visiting faculty, or game-day stays. Whether you're looking to build passive income, create multiple revenue streams, or expand your investment portfolio, this property offers the upgrades, flexibility, and location to make it a high-demand rental from day one. Secure this opportunity before another investor does!

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Property Details

Price: $223,900 Previously: $223,900 Originally: $230,000 Bedrooms: 2 Bathrooms: 2.00 MLS #: 22068728 Year Built: 1952 Township: Perry Sq. Ft Total: 1,014 Type: Residential Zip Code: 46227 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Perry Township Schools

Interior Features

Interior Features:
  • Appliances: Electric Oven, Refrigerator, Water Heater
  • Cooling: Central Air
  • Heating: Electric, Forced Air

Exterior Features

Exterior Features:
  • Features: Storage Shed
  • Setting / Lot Description: Mature Trees, Trees-Small (Under 20 Ft)
  • Porch: Patio
  • # Acres: 0.75

Listing Office: Mike Thomas Associates

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on January 24th, 2026 at 8:43pm EST.

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