$149,900

beds

bath

768

square ft

4731 E 18th Street

Indianapolis, Indiana 46218

Active / MLS #22109209 / Single Family / Near Eastside - Indianapolis

Listing information updated 8/8/2026 at 10:46am

Income-producing single-family rental on the near east side of Indianapolis, offered at $150,000. This 2-bedroom, 1-bathroom home sits on a slab foundation and is currently occupied by a tenant in place approximately four years with a consistent payment history, providing immediate cash flow with no lease-up period. Approximately 768 square feet. Recent system ages include roof at eight to nine years, mechanical systems at approximately eight years, and flooring at approximately five years, with the most recent rehab completed roughly four years ago. The property averages about two maintenance calls per year and the tenant pays all utilities. No open code violations. Located in the Hawthorne Manor area with quick access to downtown Indianapolis and the Emerson Avenue corridor. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current lease and rent roll available upon request. Property sold as-is.

Full Features

Architecture Style:

Bungalow

Exterior Type:

Vinyl Siding

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Electric, Natural Gas

Appliances:

Convection Oven, Refrigerator, Electric Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

86 Years

Room Count:

Square Feet:

768

Lot Size:

0.14 Acres

Acreage:

0.14

Internal Features:

Attic Access, Eat-in Kitchen

Room Information

Living Room:

14x18 - Main

Kitchen:

10x12 - Main

Primary Bedroom:

12x12 - Main

2nd Bedroom:

12x12 - Main

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2024

Location

Zip Code:

46218

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:

Bungalow

Exterior Type:

Vinyl Siding

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Electric, Natural Gas

Appliances:

Convection Oven, Refrigerator, Electric Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

86 Years

Room Count:

Square Feet:

768

Lot Size:

0.14 Acres

Acreage:

0.14

Internal Features:

Attic Access, Eat-in Kitchen

Living Room:

14x18 - Main

Kitchen:

10x12 - Main

Primary Bedroom:

12x12 - Main

2nd Bedroom:

12x12 - Main

Tax Amount:

N/A

Tax Year:

2024

Zip Code:

46218

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 8/8/2026 at 10:46am. 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.