1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
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1502 S Arlington Avenue
1502 S Arlington Avenue
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1502 S Arlington Avenue
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1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
1502 S Arlington Avenue
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1502 S Arlington Avenue
1502 S Arlington Avenue
Courtesy of F.C. Tucker Company, Mya Williams Listing Contact:  
For Sale

1502 S Arlington Avenue

1502 S Arlington Avenue, Indianapolis, IN 46203

$255,000
Rare investment opportunity at 1502 S Arlington Ave offering an incredibly unique setup with massive income-producing potential and flexibility that is nearly impossible to find in today's market. This property is far more than a standard single-family home! It includes a main residence, an additional apartment, and a detached garage with finished living space above, creating multiple opportunities for strong rental income and creative investment strategies all on one property. Whether you're an experienced investor looking to expand your portfolio, a first-time buyer interested in house hacking, or someone searching for a property with long-term upside and versatility, this one delivers options that very few properties can match. The layout opens the door for multiple streams of income through long-term rentals, short-term rentals, furnished rentals, multigenerational living arrangements, guest accommodations, office or studio space, and more.The detached finished space alone creates incredible added value and flexibility, making this property ideal for buyers who understand the power of maximizing every square foot for income generation. Live in one unit while tenants help offset your mortgage, rent all spaces for impressive cash flow potential, or create a custom live/work setup tailored to your needs. Properties with this type of configuration are extremely rare because they offer something investors are constantly searching for flexibility, scalability, and multiple ways to increase returns. The possibilities here are endless, and the income potential is truly standout compared to typical properties in this price range. If you are tired of cookie-cutter investment properties and looking for something with real upside, serious rental potential, and the ability to stand apart from the competition, 1502 S Arlington Ave deserves your attention. Investors take notice opportunities like this do not come around often.

4
beds

3
baths

1,886 Sq.Ft. LIVING AREA

0.59 Acres lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms3
  • full bathrooms2
  • half bathroom1
  • Fireplace Wood Burning
  • APPLIANCES Dishwasher, Gas Water Heater, Gas Oven, Range Hood, Refrigerator
  • other interior Features Kitchen Island, Paddle Fan, Hardwood Floors, Eat-in Kitchen

Area & Lot

  • Status For Sale
  • Living Area1,886 Sq.Ft.
  • Total Area2,599 Sq.Ft.
  • Lot Area0.59 Acres
  • MLS® ID22104936
  • TypeResidential
  • YEAR BUILT1940
  • NeighborhoodIndianapolis
  • Architecture StylesTraditional
  • Elementary SchoolLowell Elementary School
  • High SchoolWarren Central High School
  • School DistrictMSD Warren Township

Exterior

  • STORIES1
  • Garage Space3.0
  • water SourcePublic
  • parkingDetached
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGCentral Air
  • SubstructureBlock

Financial

  • Sales Price$255,000
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Cara holds esteemed certifications as a negotiation expert and a Luxury Home Marketing Specialist, showcasing her mastery in the art of deal-making and her profound understanding of the high-end property market. With a strategic approach, she harnesses the power of cutting-edge digital technology, employing an array of sophisticated tactics in real estate sales and marketing. This enables her to effectively showcase properties, engage potential buyers, and secure optimal outcomes in the dynamic real estate landscape.