$130,000
Investor-friendly, tenant-occupied, and full of charm-215 S Warman Ave is a smart addition to your portfolio. Currently rented at $1,300/month with stable tenants who wish to stay, this property is a cash-flowing opportunity from day one. Step inside to a warm and inviting atmosphere. As shown in the listing photos, the living area is filled with natural light, while the wood-accent bedroom wall adds rustic character perfect for cozy nights in. The modern walk-in shower in the bathroom brings comfort and style to daily routines. Spanning 1,114 sq ft over two stories, there's ample space for tenants to feel right at home. Outside, the covered front porch is ideal for relaxing afternoons, and the 3,180 sq ft lot provides just the right amount of outdoor space for gatherings. Built in 1910, this home reflects enduring craftsmanship while supporting today's investment goals. Whether you're a seasoned investor or just starting out, this property offers built-in income, curb appeal, and long-term potential. With full listing price, exterior repairs will be completed by a licensed, bonded, and insured contractor before buyer possession after closing. Multiple color options available for exterior repair in the best interest of the buyer.
GPS Friendly
Hardwood Floors, WoodWorkStain/Painted, Gas Cooktop, Other, Microwave, Refrigerator, Range Hood
| MLS # | 22066980 |
|---|---|
| Date Listed | 2025-10-08 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 1387 sqft |
| New Construction | No |
| Style | Other |
| Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Year Taxes Payable | 2024 |
| Year Built | 1910 |
| Days on Market | 60 |
| Design | Other |
|---|---|
| Cooling | Central Air, Window Unit(s) |
| Heating | Forced Air, Natural Gas |
| Construction | Single Family Residence |
|---|---|
| Lot Size | 3,180 sq ft |
| Acreage | 0.07 Acres |
| Sewer | Municipal Sewer Connected |
| Water | Public |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Rosemont |
| Township | Wayne |
| City | Indianapolis |
| State | IN |
| Zip | 46222 |
| School District | Indianapolis Public Schools |
|---|---|
| Elementary | William Penn School 49 |
| High School | George Washington High School |
| Assoc. Dues | $0.00 |
|---|
MLS# 22066980
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Alfonso Andolz
Steve Lew Real Estate Group, LLC
alfonso@listwithlew.com
Listing updated November 6, 2025 at 9:07 pm
Last checked 20 minutes ago