3352 Wallace

Indianapolis, IN

$88,000

3352 Wallace, Indianapolis, IN 46218

Indianapolis, IN 46218 · No Subdivision

MLS# MBR22115867

Listed 29 days ago

2 Beds
1 Baths
837 Sq. Ft.

About this home

Charming 2-bedroom, 1-bathroom single-family home offering a comfortable layout with plenty of space both inside and out. The home features additional basement space ideal for entertaining, recreation, or storage, along with large front and back yards providing room to relax, play, or host gatherings. A detached one-car garage includes a large attached covered side porch on a concrete slab, creating additional outdoor living space and functionality. Recent updates include a new A/C unit and furnace installed in July 2025. The home is currently occupied by a long-term tenant who has been in place since 2019, providing immediate rental income for an investor or a potential opportunity for an owner-occupant looking for future flexibility. The current rent is below market value, offering the ability to increase rents and capture additional income through a market-rate adjustment.

Property Details

Type
Residential
Year Built
1946
Lot Size
0.16 acres
Listed
29 days ago
County
Marion
Listing Office
Rize Commercial Realty LLC
Listing Agent
Karanjod Cheema

Mortgage Calculator

Estimate principal and interest for this listing.

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$17,600

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Estimated monthly payment

$445/mo

Principal & interest
$445
Loan amount
$70,400

Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.

Listed by Rize Commercial Realty LLC with Karanjod Cheema. Contact karancheemaindy@gmail.com.

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Entera Realty

Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 23, 2026 at 5:16 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

Based on information submitted to the MLS GRID as of September 23, 2026 at 5:16 AM EDT. 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.