USAINIndianapolisNo Subdivision1502 S Arlington Ave

1502 S Arlington Ave, Indianapolis, IN

House

For Sale

Listed price in listed location currency (USD).

$299,990

433

MLS® 22104936

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1886 sqft

Garage Yes

Taxes

Days Active 0

Lot Size

Approx. Age 1940

Avg. Price Per Sqft $159

MLS® Number 22104936

Property Address: 1502 S Arlington Ave, Indianapolis, IN, 46203-2611

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number22104936

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1940

BasementPartial, Unfinished

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 29, 2026List Date

$299,990List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $240,000 and $330,000.

Similar properties in this area sold on average for: $240,000

Expected to sell in 42 days. Similar properties sold in 42 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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