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2949 Wallace Ave, Indianapolis, IN

House

For Sale

Listed price in listed location currency (USD).
$129,900

310
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 888 sqft
Garage No
Taxes 
Days Active 0
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $146
MLS® Number 22067234

Property Address: 2949 Wallace Ave, Indianapolis, IN, 46218-3131

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 2949 Wallace Avenue, a prime investment opportunity offering strong, guaranteed cash flow. Currently vacant but with a signed Section 8 lease at $1, 750 per month, this property provides immediate income potential with long-term stability. Featuring spacious living areas, updated finishes, and a low-maintenance design, it's ideal for investors seeking a turnkey addition to their portfolio. Located in a growing Indianapolis neighborhood with consistent rental demand, this home delivers both reliability and return-making it a smart, hassle-free investment you don't want to miss.
MLS® Number22067234
Laundry LevelIn Unit, Main Level
Central VacNo
FireplaceNo
Acreage0.12
ExteriorOther
GarageNo
Approx. Age1955
Basement
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 2:Main10 × 12 ft
Kitchen:Main10 × 14 ft
Other:Main12 × 12 ft
Bedroom 3:Main8 × 10 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 12, 2025List Date
$129,900List Price
Apr 23, 2023End Date
$100,000Sold Price

Sold

Apr 7, 2025List Date
$108,500List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 17, 2025List Date
$1,399List Price

Home Appraisal

This property is estimated to sell between: $105,000 and $143,000.
Similar properties in this area sold on average for: $105,159
Expected to sell in 30 days. Similar properties sold in 30 days. This home has been on eXp Commercial Brokerage for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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2949 Wallace Ave, Indianapolis, IN

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