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$165,000 -

733 S Emerson Avenue Indianapolis IN 46203

2
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

Turnkey Investment Opportunity in Christian Park! This tenant-occupied 2-bed, 1-bath home is already generating $1,200/month, delivering an 8.7% ROI! Key updates include a 3-year-old roof (home & garage), recently installed vinyl plank flooring, fully painted basement, and new gutters. Sitting on a spacious corner lot with a full basement, this property is low-maintenance and positioned for long-term appreciation. Easy tenant in place-start collecting rent from day one! Don't miss this solid investment-schedule your showing today!

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Property Details

Price: $165,000 Previously: $165,000 Originally: $180,000 Bedrooms: 2 Bathrooms: 1.00 MLS #: 22020714 Year Built: 1950 Township: Warren Sq. Ft Total: 1,440 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: No Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: Central Electric
  • Heating: Forced Air, Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Corner Lot
  • Porch: Covered Patio, Covered Porch
  • # Acres: 0.17

Listing Office: Re/max Advanced Realty

Office Contact: jessica@indyhomepros.com

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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 believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on March 15th, 2025 at 5:01am EDT.

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