530 E Sumner Avenue, Indianapolis, IN 46227

Property Description

Located in a high-demand area with easy access to Downtown Indy, Greenwood, and major highways, this .84 acre property is positioned for strong business potential or maximum tenant appeal. This totally remodeled 1,808-square-foot ranch is an exceptional turn-key addition to your rental portfolio. The high-ticket capital expenditures are already covered, featuring a roof replaced in 2018 alongside a high-efficiency gas furnace, central air conditioning, and a gas water heater that are all under 5 years old. Inside, the extensive value-add renovations include durable new luxury vinyl plank flooring, fresh paint, a private primary ensuite, a beautifully finished hall bath, and a flexible private office space that can easily serve to maximize rental income. The home boasts a living room that opens to a modern kitchen equipped with custom cabinetry, stainless steel appliances, and premium butcher block countertops. Outside, the massive, privacy-fenced lot is complemented by new front and back concrete patios, an oversized two-car garage, and a long driveway providing ample parking. Just minutes from local shopping and dining, this low-maintenance, fully updated asset represents a secure, high-yield opportunity ready for immediate occupancy.