4 Beds • 3 Baths · 2,652 Sq. Ft.
7140 Avalon Trail
Indianapolis, IN 46250
Highgarden Real Estate
1466 Worth
Indianapolis, IN
$240,000
Indianapolis, IN 46241 · Sunset Park
MLS# MBR22123393
Listed 1 day ago
Looking for a turnkey investment opportunity? This unique property offers two fully renovated homes on one lot, providing immediate rental income and excellent flexibility. The 1,020 sq. ft. main home features 2 bedrooms and 1 full bath and is currently leased for $1,590 per month. A separate 750 sq. ft. garage apartment offers an additional 1 bedroom and 1 full bath and is currently leased for $1,100 per month. The main home has been extensively renovated with major updates including a newer roof, flooring, plumbing, electrical, windows, HVAC system, and a beautifully updated kitchen with new appliances. Spacious bedrooms and comfortable living areas make this a desirable and functional home for tenants. The detached garage apartment has also been fully renovated and features its own updated kitchen, appliances, and private bath. With separate living spaces and strong rental income, this property presents an excellent opportunity for investors seeking a low-maintenance addition to their portfolio. Both residences share a driveway and offer ample yard space. Current combined rental income is $2,690 per month. Tenant rights apply.
Estimate principal and interest for this listing.
$48,000
Estimated monthly payment
$1,214/mo
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Matlock Realty Group with Beau Matlock. Contact beau@matlockgroup.net.


Listings displayed by Mark Dietel Realty
Based on information submitted to the MLS GRID as of September 26, 2026 at 4:01 PM 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.
IRMLS is the source of this listing information as distributed by MLS GRID.
The compilations of listings and each individual listing are © 2026 MLS GRID. All rights reserved. The listing content is owned by the MLS GRID and is protected by federal copyright law.
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 IRMLS as amended from time to time.
Some IDX listings have been excluded from this website.
Please report suspected listing-data inaccuracies to Mark Dietel Realty. Contact us or call (317) 426-9911.
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MIBOR Broker Listing Cooperative® Disclaimer
© 2026 MIBOR REALTOR® Association
IDX information is provided exclusively for consumers' personal, non-commercial 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 accurate by the Broker Listing Cooperative® listing service.
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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 26, 2026 at 4:01 PM 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 26, 2026 at 4:01 PM 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.


Listings displayed by Mark Dietel Realty
Based on information submitted to the MLS GRID as of September 26, 2026 at 4:01 PM 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.
IRMLS is the source of this listing information as distributed by MLS GRID.
The compilations of listings and each individual listing are © 2026 MLS GRID. All rights reserved. The listing content is owned by the MLS GRID and is protected by federal copyright law.
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 IRMLS as amended from time to time.
Some IDX listings have been excluded from this website.
Please report suspected listing-data inaccuracies to Mark Dietel Realty. Contact us or call (317) 426-9911.
Copyright complaints: DMCA notice.
MIBOR Broker Listing Cooperative® Disclaimer
© 2026 MIBOR REALTOR® Association
IDX information is provided exclusively for consumers' personal, non-commercial 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 accurate by the Broker Listing Cooperative® listing service.
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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 26, 2026 at 4:01 PM 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 26, 2026 at 4:01 PM 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.