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$124,000 -

342 W 26th Street Indianapolis IN 46208

3
Bedrooms
1½
Baths
N/A
SQ. Feet
(Above Ground)
0.08
Acres

Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio.

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Property Details

Price: $124,000 Previously: $124,000 Originally: $137,000 Bedrooms: 3 Bathrooms: 1.50 MLS #: 22114942 Year Built: 1920 Township: Center Sq. Ft Total: 2,184 Type: Residential Zip Code: 46208 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Other
  • Cooling: Central Air
  • Heating: Gas

Exterior Features

Exterior Features:
  • # Acres: 0.08

Listing Office: Rize Commercial Realty Llc

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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 October 14th, 2026 at 6:58pm EDT.

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