$114,899

beds

bath

567

square ft

2202 N Leland Avenue

Indianapolis, Indiana 46218

Active / MLS #22109849 / Single Family / Downtown - Indianapolis

Listing information updated 8/8/2026 at 10:06am

Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages include a furnace and air conditioner at approximately four years, water heater at three years, flooring at four years, and roof at eight to ten years, with no reported plumbing or electrical issues. The tenant pays all utilities. Located on a quiet residential stretch of North Leland Avenue in an established neighborhood of well-built single-family and multi-family homes, with convenient access to downtown Indianapolis. An ideal entry-level rental or an easy addition to an existing portfolio. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

Full Features

Architecture Style:

Contemporary

Exterior Type:

Vinyl Siding

Beds Above Grade:

Cooling System:

None

Heating System:

Baseboard, Electric

Appliances:

Electric Cooktop, Dryer, Refrigerator, Washer, Electric Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

67 Years

Parking Spaces:

Garage:

Garage - 1 Car(s)

Room Count:

Square Feet:

567

Lot Size:

0.12 Acres

Acreage:

0.12

Internal Features:

Eat-in Kitchen

External Features:

Patio/Porch

Room Information

Living Room:

10x15 - Main

Kitchen:

10x11 - Main

Primary Bedroom:

9x11 - Main

2nd Bedroom:

9x9 - 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:

Contemporary

Exterior Type:

Vinyl Siding

Beds Above Grade:

Cooling System:

None

Heating System:

Baseboard, Electric

Appliances:

Electric Cooktop, Dryer, Refrigerator, Washer, Electric Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

67 Years

Parking Spaces:

Garage:

Garage - 1 Car(s)

Room Count:

Square Feet:

567

Lot Size:

0.12 Acres

Acreage:

0.12

Internal Features:

Eat-in Kitchen

External Features:

Patio/Porch

Living Room:

10x15 - Main

Kitchen:

10x11 - Main

Primary Bedroom:

9x11 - Main

2nd Bedroom:

9x9 - 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 10:06am. 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.