$165,999
Bedrooms
3
Baths
1
Sq. Feet
2237
Year Built
1955
Days on Market
7
$/SqFt
$74
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Home Description: 1717 Thaddeus St
This updated 3 bed/1 bathroom rental has strong cash flow of $15,720/year, a 7.1% cap rate after expenses and tenants who respect the home. The main living areas of the house have beautifully restored hardwood flooring adding charm and warmth, and the bedrooms and bathroom have newer luxury vinyl planking. The house features white vinyl windows, newer vinyl siding, and a fully remodeled bathroom, along with a large, open kitchen with newer appliances. The finished attic space/3rd bedroom is not included in the overall assessor's square footage but adds approximately 200 finished SF on the upper level. The unfinished basement offers dry storage space and easy access to the well-maintained mechanicals, including a brand new water heater. This is located on a quiet street in an appreciating area with lots of renovations happening on the southeast side of Indianapolis near Fountain Square, Garfield Park, and just minutes from Downtown! The enclosed front porch, fully fenced backyard, central air, spacious bedrooms, huge laundry room and interior updates will help retain quality tenants and make this rental a valuable addition to your portfolio. Buy both 1719 and 1717 Thaddeus as a package for $316,000 for a cap rate of 7.5% (after expenses) with combined annual cash flow of $30,120! No assignment of contracts.
Available now at $165,999
Approximate Room Sizes / Descriptions
Neighborhood
The average asking price of a 3 bedroom Indianapolis home in this zip code is $289,824 (74.6% more than this home).
This home is priced at $74/sqft, which is 109.1% less than similar homes in the 46203 zip code.
Map Map | Street Street | Birds Eye Birds Eye
1717 Thaddeus St Indianapolis IN 46203
Similar to: 1717 Thaddeus St
For Sale Near: 1717 Thaddeus St
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Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 698-6725 and speak with one of our real estate consultants.
Listing Courtesy of Highgarden Real Estate. For information or to schedule a viewing of this property (MLS# 21999345) located at 1717 Thaddeus St Indianapolis IN 46203, call: (317) 698-6725
1717 Thaddeus St, Indianapolis IN is a single family home of 2237 sqft and is currently priced at $165,999 . This single family home has 3 bedrooms. A comparable home for sale at 1406 Terrace Ave in Indianapolis is listed at $144,000. This home on 1717 Thaddeus St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Villa Heights, Thunderbird Heights and Golfmoor are nearby neighborhoods. MLS 21999345 has been posted on this site since 10/2/2024 (today).
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