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40 S Chester Avenue Indianapolis IN 46201
- 4
- Bedrooms
- 1
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
This 4-bedroom, 1-bathroom single-family home features a detached one-car garage with convenient alley access and is currently tenant-occupied, providing immediate rental income. The home offers a functional layout with a formal living room, separate dining room, and a kitchen featuring an eat-in area and breakfast room. Two bedrooms are located on the main level, with two additional bedrooms upstairs, providing flexible living space. Please note that the second floor does not have central heating or air conditioning. Outside, you'll find a covered front porch, a fenced front yard, and a spacious backyard. The property is currently leased for $1,000 per month, which is below current market rent, presenting an excellent opportunity for future rental income growth. Whether you're looking to expand your investment portfolio or purchase a property with value-add potential, this home offers strong upside in a convenient Indianapolis location.
Property Details
Interior Features
- Appliances: Other
- Cooling: Central Air
- Heating: Natural Gas
Exterior Features
- Porch: Covered
- # Acres: 0.12
Listing Office: Rize Commercial Realty Llc
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Listing information last updated on August 12th, 2026 at 7:58am EDT.
