2202 N Leland AVE Indianapolis, IN 46218 New

UPDATED: 06/26/2026 02:47 PM ON MARKET: 2 days on market

$114,999

2 Beds1 Bath567 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 567 sqft

Price per Sqft $202

Subdivision Emerson Gardens

MLS Listing ID 22109849

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1959

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Property Description

The easiest door you'll buy all year. Under $115K, already leased at $1,150 a month, and sitting on a quiet near-Eastside stretch of Leland known for well-built single and multi-family homes. Two beds, one bath, day-one income, zero lease-up risk. This is the perfect first rental or a low-cost add that quietly stacks cash flow onto your portfolio. Part of a 17-door Indianapolis rental portfolio bringing in over $19,000 a month, all sold separately or as a package. Sold as-is. At this price it won't sit, make your move.


Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 06/26/2026. 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.