8315 East 36th Place
$120,000
3
1
1
1,181
1,181
$102
Pending
Description
Investor alert! This is your opportunity to secure a cash-flowing property with built-in upside potential. Currently rented at $900 per month through January 2025, this turnkey 3-bedroom, 1.5-bath ranch home provides immediate income and a strong foundation for long-term gains. Once the lease expires, you can adjust the rent to match current market rates-or go even further and tap into the Section 8 program. With the IHA rate for a 3-bedroom property in Marion County at $2,110, you'll quickly surpass...Investor alert! This is your opportunity to secure a cash-flowing property with built-in upside potential. Currently rented at $900 per month through January 2025, this turnkey 3-bedroom, 1.5-bath ranch home provides immediate income and a strong foundation for long-term gains. Once the lease expires, you can adjust the rent to match current market rates-or go even further and tap into the Section 8 program. With the IHA rate for a 3-bedroom property in Marion County at $2,110, you'll quickly surpass the coveted 1% rule and significantly boost your monthly cash flow. Located on the far east side of Indianapolis, your tenants will appreciate the convenience of being just minutes from Pendleton Pike's abundant shopping and dining options, close to the expansive Fort Harrison State Park for weekend recreation, and near major freeways for easy commutes. Dubarry Park is only a few blocks away, adding to the property's appeal. Plus, the newly installed HVAC system ensures low-maintenance comfort. Whether you're new to real estate investing or looking to add a stable, cash-flow-focused asset to your portfolio, this property is already working for you-and there's room to grow. Don't let this rare opportunity slip by!
- Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com
Property Details for 8315 East 36th Place
Architectural Style
TraditonalAmerican
Subdivision NameNorth Eastwood
TownshipWarren
WaterfrontNo
LISTING UPDATED: 12/22/2024 02:26 PM
Property Details for 8315 East 36th Place
Status | Pending |
---|---|
MLS # | 22015467 |
Days on Market | 2 |
Taxes | $1,063 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1960 |
Lot Size | 0.33 AC / 14,374 SF |
County | Marion County |
Building Information for 8315 East 36th Place
Stories-Year Built1960Building Size-Lot Size0.33 AC / 14,374 SF
Property Information for 8315 East 36th Place
Property History for 8315 East 36th Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8315 East 36th Place
Taxable ValueLand$15,000Additions$74,600Total$89,600
Tax Record2023$2,126 ($177 / month)
Home Facts
Beds3Total Finished SqFt1,181 SqFtAbove Grade Finished SqFt1,181 SqFtStories1Lot Size14,201 SqFtStyleSingle Family ResidenceYear Built1960ZoningZO01CountyMARIONAPN49-08-19-112-152.000-701Fireplace TypeMasonry
Schools near 8315 East 36th Place
This home is within Indianapolis Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
George S. Buck School 94 PublicPK to 6 | ||
Arlington Community Middle School Public7 to 8 | ||
Arsenal Technical High School Public9 to 12 | ||
George Washington Community High School (9-12) Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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