Center Homes under $300,000

Center Homes under $300,000

Welcome to the Heart of Indiana: The Center Region

Nestled in the vibrant heart of Indiana, the Center region is a delightful blend of small-town charm and modern conveniences. Known for its friendly communities, lush parks, and rich cultural heritage, this area is perfect for families, young professionals, and retirees alike. With a variety of recreational activities, local festivals, and a thriving arts scene, there’s always something to enjoy in this welcoming region.

One of the most attractive features of the Center region is its affordable housing market. With a plethora of homes available for under $300,000, it’s an ideal place for first-time buyers, growing families, or anyone looking to invest in a property without breaking the bank. From cozy bungalows to spacious family homes, the options are as diverse as the community itself. Many properties boast charming architectural details and are situated on tree-lined streets, offering a picturesque setting that feels like home.

The Center region is also conveniently located near major highways, making commutes to nearby cities a breeze. Enjoy easy access to shopping, dining, and entertainment options, while still relishing the tranquility of suburban living. With excellent schools and a strong sense of community, it’s no wonder that so many are drawn to this enchanting part of Indiana.

Whether you’re searching for your first home or looking to settle down in a friendly neighborhood, the Center region offers the perfect combination of affordability, community spirit, and quality living. Come explore the possibilities and discover your dream home today!

Newest Center Homes under $300,000

2927 N Delaware Street, Indianapolis
$280,000
FULLY OCCUPIED DUPLEX | LONG-TERM LEASES | $28,560 CURRENT ANNUAL RENTAL INCOME! Excellent opportunity to add a well-maintained, income-producing duplex in Addie Nichols N Park Addition near Historic Meridian Park to your investment portfolio. Each unit offers approximately 1,322 square feet with 3 bedrooms and 1.5 bathrooms, providing spacious and functional living areas that appeal to long-term tenants. Both units feature welcoming covered front porches, spacious living rooms with LVP flooring, neutral paint tones, generous closet storage, and abundant natural light. The main level includes a convenient half bath and an eat-in kitchen with ample cabinetry and counter space. Upstairs, each unit offers three generously sized bedrooms and a full bathroom with a tub/shower combination. Additional features include basement storage and laundry, private rear decks, off-street parking, and convenient alley access. INVESTMENT HIGHLIGHTS: Unit 2925 is leased through 6/12/2028 at $1,225/month, with the tenant in place since 6/2026. Unit 2927 is leased through 4/11/2027 at $1,155/month, with the tenant in place since 4/2025. Combined current rental income is $2,380/month, or $28,560 annually. Both units are currently occupied, providing an investor with immediate income and established tenancy without the typical turnover and lease-up period. Whether you're expanding an existing portfolio or looking for a solid entry into residential investment property, this duplex offers the combination of strong current occupancy, long-term leases, desirable 3-bedroom floor plans, and established rental income that investors look for. Turnkey and income-producing-ready for its next owner!

2927 N Delaware Street, Indianapolis

Listing courtesy of T&H Realty Services, Inc..

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