1521 E Legrande Avenue

Don't miss this 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to their portfolio. Currently occupied by a tenant on a month-to-month lease, the property generates $1,200/month in rental income, and estimated market rent is $1,320. The home has been updated with a newer roof, fresh paint, modern light fixtures, contemporary appliances, and a renovated kitchen and bathroom, making it an appealing option for tenants and minimizing upkeep for owners. Positioned on the near southeast side, this home offers convenient access to a variety of amenities, including schools, parks, and shopping centers. It's strategically located near major thoroughfares such as S Keystone St, Raymond St, and Madison Ave, along with highways I-70 and I-65, facilitating easy commutes to significant employment centers like 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis.

GPS Friendly