$280,000

beds

baths

1,437

square ft

2636 Ethel Avenue

Indianapolis, Indiana 46208

Active / MLS #22081721 / Single Family / Near NW - Riverside - Indianapolis

Listing information updated 4/15/2026 at 5:26pm

$4,950/month in rental income - this rent-by-the-room property is CASH FLOWING. 2636 Ethel Ave is a 9-bed, 4-bath income-producing machine currently rented by the room and generating nearly $60,000/year in gross revenue. Part of a 4-property rent-by-the-room portfolio, this spacious layout features dual kitchens, making it perfectly suited for room-by-room tenant placement. Located in the vibrant Near Northwest corridor just minutes from Long's Bakery, Goose the Market, and the Children's Museum of Indianapolis. If you're looking for a turnkey rent-by-the-room investment with proven income from day one, this is it.

Full Features

Architecture Style:

Ranch

Exterior Type:

Cement Siding

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Electric

Appliances:

Electric Cooktop, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

69 Years

Room Count:

Square Feet:

1,437

Lot Size:

0.1 Acres

Acreage:

0.1

Internal Features:

Attic Access

Room Information

Primary Bedroom:

196 square feet - Main

2nd Bedroom:

unkn - Main

3rd Bedroom:

unkn - Main

4th Bedroom:

unkn - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46208

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Ranch

Exterior Type:

Cement Siding

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Electric

Appliances:

Electric Cooktop, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

69 Years

Room Count:

Square Feet:

1,437

Lot Size:

0.1 Acres

Acreage:

0.1

Internal Features:

Attic Access

Primary Bedroom:

196 square feet - Main

2nd Bedroom:

unkn - Main

3rd Bedroom:

unkn - Main

4th Bedroom:

unkn - Main

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46208

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: @properties

Listing Office Phone: 317.476.3338

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/15/2026 at 5:26pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.