Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$135,000 -

8217 E 48th Street Indianapolis IN 46226

3
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.19
Acres

Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,200/month ($14,400 annually) with lease in place through 12/31/2027, offering approximately 10.7% gross yield before expenses based on list price. Located within a small portfolio of three rental homes all within approximately .25 miles, providing potential for scale. Fenced back yard. Property is being sold as-is. No yard sign and no showings without an accepted offer. Please do not disturb tenants. Buyer to verify all information. Other MLS #s: 22095884 and 22095897

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $135,000 Previously: $135,000 Originally: $135,000 Bedrooms: 3 Bathrooms: 1.00 MLS #: 22095893 Year Built: 1954 Township: Lawrence Sq. Ft Total: 792 Type: Residential Zip Code: 46226 City: Indianapolis Subdivision: Harrison Park County: Marion School District: MSD Lawrence Township

Interior Features

Interior Features:
  • Appliances: Electric Cooktop, Dishwasher, Gas Water Heater
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Sidewalks, Mature Trees
  • Porch: Patio
  • # Acres: 0.19

Listing Office: Berkshire Hathaway Home

Similar Properties To: 8217 E 48th Street, Indianapolis

$150,000
3 br, 1 ba, 792 ft²
Harrison Park
MLS® #:
22095884
Provider:
Berkshire Hathaway Home
8139 E 48th Street, Indianapolis
$129,900
4 br, 2 ba, 3,380 ft²
Jacob Wagners Sub
MLS® #:
22090826
Provider:
Realty Wealth Advisors
4603-4605 E Washington Street, Indianapolis
$135,000
2 br, 1½ ba, 968 ft²
Mars Hill
MLS® #:
22093543
Provider:
Mike Watkins Real Estate Group
3101 Collier Street, Indianapolis
$114,900
2 br, 2 ba, 1,096 ft²
Newman Tallmans Oak Park
MLS® #:
22084410
Provider:
Estansion Group By Blp
1826 Tallman Avenue, Indianapolis
$164,900
3 br, 1 ba, 1,872 ft²
Lee & Higgins
MLS® #:
22075379
Provider:
Keller Williams Indy Metro S
2890 Draper Street, Indianapolis
$170,000
3 br, 1 ba, 925 ft²
Maple Hill
MLS® #:
22077006
Provider:
Opendoor Brokerage Llc
4055 N Grand Avenue, Indianapolis
$157,500
3 br, 1 ba, 925 ft²
Glicks Post Rd Add
MLS® #:
22092706
Provider:
Re/max Advanced Realty
2601 N Boehning Street, Indianapolis
$109,900
2 br, 1 ba, 1,029 ft²
Downey & Chambers
MLS® #:
22095865
Provider:
Trelora Realty
1625 Finley Avenue, Indianapolis

View all similar properties here

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 April 28th, 2026 at 10:28pm EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?