Rare investment opportunity at 1502 S Arlington Ave offering an incredibly unique setup with massive income-producing potential and flexibility that is nearly impossible to find in today's market. This property is far more than a standard single-family home! It includes a main residence, an additional apartment, and a detached garage… Read More with finished living space above, creating multiple opportunities for strong rental income and creative investment strategies all on one property. Whether you're an experienced investor looking to expand your portfolio, a first-time buyer interested in house hacking, or someone searching for a property with long-term upside and versatility, this one delivers options that very few properties can match. The layout opens the door for multiple streams of income through long-term rentals, short-term rentals, furnished rentals, multigenerational living arrangements, guest accommodations, office or studio space, and more.The detached finished space alone creates incredible added value and flexibility, making this property ideal for buyers who understand the power of maximizing every square foot for income generation. Live in one unit while tenants help offset your mortgage, rent all spaces for impressive cash flow potential, or create a custom live/work setup tailored to your needs. Properties with this type of configuration are extremely rare because they offer something investors are constantly searching for flexibility, scalability, and multiple ways to increase returns. The possibilities here are endless, and the income potential is truly standout compared to typical properties in this price range. If you are tired of cookie-cutter investment properties and looking for something with real upside, serious rental potential, and the ability to stand apart from the competition, 1502 S Arlington Ave deserves your attention. Investors take notice opportunities like this do not come around often. Read Less
Courtesy of F.C. Tucker Company, 317-601-9447.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Partial Baths
1
Square Ft.
2,599
Lot Size
0.59 Acres
Year Built
1940
MLS Number
22104936
30 Days Snapshot Of 46203
$237k
-1%
(avg) sold price
72
+63%
homes sold
86
+11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Dishwasher", "Gas Water Heater", "Gas Oven", "Range Hood", "Refrigerator"
Basement
Description: "Partial", "Unfinished"
Building
Area: 1886, Architecture: "Traditional", Building Area: 2599, Construction Materials: "Vinyl Siding", Levels: "One", Year Built: 1940
Cooling
Details: "Central Air"
Fireplaces
Total Fireplaces: 1
Garage
Garage Spaces: 3
Heating
Heating: "Forced Air", "Natural Gas"
Lot
Acres: 0.59, MLS Acres: 1/2-1 Acre
Utilities
Water Source: "Public"
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by 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.”
Based on information submitted to the MLS GRID as of ,
Confirm your time
Fill in your details and we will contact you to confirm a time.