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$129,900
3 Days On Site
2949 Wallace AvenueIndianapolis, IN 46218
For Sale|Single Family Residence|Active
3
Beds
1
Total Bath
1
Full Bath
888
SqFt
$146
/SqFt
1955
Built
Subdivision:
30Th St Add
County:
Marion
Listing courtesy of Compass Indiana, LLC 3174057915
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Welcome to 2949 Wallace Avenue, a prime investment opportunity offering strong, guaranteed cash flow. Currently vacant but with a signed Section 8 lease at $1,750 per month, this property provides immediate income potential with long-term stability. Featuring spacious living areas, updated finishes, and a low-maintenance design, it's ideal for investors seeking a turnkey addition to their portfolio. Located in a growing Indianapolis neighborhood with consistent rental demand, this home delivers both reliability and return-making it a smart, hassle-free investment you don't want to miss.
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Listing Snapshot
Price
$129,900
Days On Site
3 Days
Bedrooms
3
Inside Area (SqFt)
888 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
1955
MLS® Number
22067234
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 3 days ago | Listing first seen on site | |
| 3 days ago | Listing updated with changes from the MLS® |
General Features
Acres
0.12
Direction Faces
West
Foundation
Slab
Levels
One
Parking
On StreetGuest
Property Condition
Updated/Remodeled
Property Sub Type
Single Family Residence
SqFt Total
888
Style
RanchTraditional
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Appliances
Gas Water HeaterRange Hood
Cooling
Central Air
Electric
100 Amp Service
Heating
Forced AirNatural Gas
Interior
Vaulted Ceiling(s)Eat-in KitchenSmart Thermostat
Laundry Features
In UnitMain Level
Main Level Bedrooms
3
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Exterior Features
Construction Details
Vinyl Siding
Exterior
Other
Lot Features
City LotWooded
View
Neighborhood
Waterview
Neighborhood
Community Features
Horse Property
None
MLS Area
4910 - Marion - Center
School District
Indianapolis Public Schools
Township
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Indiana, LLC 3174057915
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2025-10-15 06:07 PM UTC. All data is obtained from various sources and may not have been verified by broker or 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.
Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2025-10-15 06:07 PM UTC. All data is obtained from various sources and may not have been verified by broker or 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.
Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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