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Luxury Keys
802 E Raymond Street, Indianapolis, IN 46203
- $195,000
- Sold Price
- $195,000
- List Price
- $199,900
- Closing Date
- Jun 15, 2026
- MLS#
- 22098366
- Days on Market
- 47
- Status
- SOLD
Property Description
Fantastic investment opportunity for a turnkey property that has been consistently rented for the past 30 years. This exceptionally maintained property features a maintenance-free exterior with siding and windows updated, as well as newer HVAC systems and water heaters. The units offer excellent hardwood floors and ample closet space. All appliances are included in both units including Washers and dryers. One side currently brings in $675 per month with long-term tenants, Pleasant Run side is ready to rent. There is significant potential to increase rent to $900-$1,000 per month, especially given the included 2 car garage parking and off street parking. Additionally, the property includes a full dry basement-confirmed by photos taken after heavy rains-which could easily be converted into another bedroom or living area with the installation of egress windows. Located just steps away from Garfield Park. Just minutes from Downtown, Fountain Square & Bates Hendricks. Also easy near access to I-65. This is an ideal long-term rental for anyone looking to start or expand their portfolio.
Additional Information
- Expenses
- 1400
- Basement
- Full, Storage Space, Unfinished
- Foundation
- Block
- Stories
- One
- Architecture
- Bungalow, Ranch
- Acres
- 0.12
- Heat
- Natural Gas
- Region
- Center
Listing courtesy of Randy Myers. Indiana Real Estate Alliance,
Selling Office: Trueblood Real Estate.How much is your home worth?
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.