3711 Boulevard Place, Indianapolis, IN 46208

$215,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$215,000
Days on Market
0
Status
ACTIVE
MLS#
22125713
Lot Size (Acres)
0.11
Year Built
1919

Property Description

Discover an exceptional investment opportunity at 3711 Boulevard Pl, ideally situated just minutes from Newfields, The Children's Museum of Indianapolis, and major transit routes for effortless commuting across the city. This turnkey property underwent a comprehensive renovation in 2025 - a new roof, AC units, updated kitchens, and all new bathrooms. The building currently generates an impressive $2,300 per month, backed by two reliable tenants already in place. At current pricing this well exceeds the 1% rule. Both tenants are fully aware of the sale and can easily vacate at closing with sufficient notice, providing ultimate flexibility whether you are looking to expand your portfolio with an immediate income-producing asset or transition the space for your own use. Tenants pay their own gas and electric, landlord pays for water as it is on a single meter. Do not miss out on this high-performing, beautifully updated property in a thriving location. Schedule your showing today!

Additional Information

Area
Center
Subdivision
Mccabe Park
Taxes
$1,236
Stories
One
Garage Spaces
2
Cooling
Central Air
Utilities
Separate Gas Meter, Sewer, Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of FULL CANOPY REAL ESTATE, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative