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929 Olin Avenue

Indianapolis, IN 46222

3 beds
1 bath
720 sqft
3,659 sqft lot
$197 per sqft
1953 build

An Investor's Perfect Play Cash Flow from Day One You've been searching for the perfect addition to your portfolio a property that doesn't just promise potential but delivers results from the start. Then, you find it. A fully remodeled, tenant-occupied **cash-flowing investment** that's already working for you. The numbers check out. The tenant is secured through September 2025, meaning no vacancies, no searching, and no stress just immediate and steady income. As you walk up to the home, you notice the fresh siding and new roof, a clear sign that maintenance headaches won't be an issue. Inside, the transformation is undeniable stripped to the studs and rebuilt with brand-new HVAC, water heater, windows, and updated electrical. It's turn-key, no extra work is needed. The kitchen steals the show. Stainless steel appliances and butcher block countertops make it a standout feature appealing to tenants, built for durability, and designed to keep occupancy rates high. With two bedrooms, a bonus room, and a well-thought-out layout, the home offers comfort and functionality, ensuring long-term renter appeal. Then, the location. Just steps from the B&O Trail, perfect for tenants who enjoy an active lifestyle. A short drive to I-70 and the airport, making commutes easy. It's a prime rental spot, attracting consistent demand. This isn't just another property it's an investment that works from day one. No delays, no renovations, no uncertainty. The rent is already rolling in. Seize this opportunity before another investor does. Add this winner to your portfolio!

Listing courtesy of MIBOR / Resolute Realty

Last checked: Checking… • Last updated Feb 17, 2025 •

MLS# 21987832 —

The Building

Year Built:

1953
New Construction:

false
Construction Materials:

Vinyl Siding
Architectural Style:

Cape Cod
Levels:

One
Basement:

false
Foundation Details:

Crawl Space
Patio And Porch Features:

Covered Porch
Accessibility Features:

No
Direction Faces:

West
Green Certification:

No
Building Area Total:

720

Interior

Rooms:

6
Rooms Total:

6
Rooms Total:

6
Interior:

Laundry in Unit
Interior Features:

Attic Access
Kitchen Features:

Kitchen Updated
Other Equipment:

Not Applicable
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Common Laundry

Room Dimensions

SqFt:

720
Main Level SqFt:

720
Living Area:

720

Location

Directions:

GPS Friendly
Latitude:

39.779279
Longitude:

-86.224982

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

491105117019000901
Acres:

<1/4 Acre
Lot Size Acres:

0.08
Lot Size SqFt:

3,659 Sqft
Price Per Acre:

1773538
Property Condition:

Updated/Remodeled
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

49-11-05-117-019.000-901
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

532

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

3

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

The Listing

Inspection Warranties:

General

Heating & Cooling

Heating:

Forced Air, Gas
Cooling:

Central Electric
Fuel:

No Fuel Source

Utilities

Utilities:

Cable Available, Electricity Connected, Gas Nearby, Gas, Sewer Connected, Water Connected
Electric:

200+ Amp Service
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Fairfax
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Other
Garage:

false

Monthly cost estimate

Asking price

$141,883

Expense	Monthly cost
Mortgage	$759
Taxes	$88
Insurance	$39
Utilities	$104 See report
Total	$990/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/30/25 Jan 30, 2025	Price Changed	MIBOR	$141,883	-2.1%
10/7/24 Oct 7, 2024	Price Changed	MIBOR	$145,000	-3.3%
8/13/24 Aug 13, 2024	Price Changed	MIBOR	$150,000	0.0%

House For Sale

$141,883

Cost Est.

$990/mo.

Price drop −$3,117

Listing provided by broker:

Dana Rivers

Resolute Realty

drivers@resolute-rd.com

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This house located in West Side, Indianapolis, IN 46222 is currently for sale for $141,883. 929 Olin Avenue is a 720 square foot house with 3 beds and 1 bath. 929 Olin Avenue is in the West Side neighborhood of Indianapolis and has a WalkScore® of 26, making it car-dependent. This house is in the attendance area of George Washington Community High School, Riverside High School, Stephen Foster School 67, and Arsenal Technical High School.

Listing Courtesy of: MIBOR and Resolute Realty.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. 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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service