Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 2-bedroom, 1-bathroom single family at 1949 N Colorado Avenue in Indianapolis, IN is listed for $129,000 ($175 per sqft). Built in 1950, the home offers 736 sqft of living space on a 0.12 acres lot.

Agent Description

Income-producing rental property available in Indianapolis! This well-maintained and updated 2-bedroom, 1-bath home is tenant-occupied and generating immediate cash flow for its next owner. Offering approximately 736 square feet, the property features a practical floor plan, updated kitchen and bath, central air, and a detached garage.

Conveniently situated near shopping, dining, employment centers, and major transportation routes, this property presents an excellent opportunity for investors seeking a solid addition to their rental portfolio. Tenant rights apply; please do not disturb the tenant.

Key Features

  • Built in 1950
  • 0.12 acre lot

Property Details

1 story
1 full
1950

Amenities

A/C

Monthly Cost Estimate

$690/mo

20% down · 6.5% · 30 years

Principal$93
Interest$559
Insurance$38

Estimates only. Actual payments may vary.

Location

1949 N Colorado Avenue

Indianapolis, IN 46218

Brookside Sunny Grove

Features & Amenities

Interior Features

Eat-in Kitchen

Property Details

Construction

Vinyl Siding

Pool Features

Porch

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherGas Water HeaterGas Oven

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1949 N Colorado Avenue is listed at $129,000 ($175/sqft). The estimated monthly payment is $559 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.12 acre lot. Interior Features: Eat-in Kitchen.

This property is listed by Heather Upton and can be reached at (317) 564-7100 or info@therealestatepros.com.

HU

Heather Upton

Agent at Keller Williams Indy Metro NE

(317) 564-7100

Listed by Keller Williams Indy Metro NE · View on Broker Site

MLS# 22098880· Source: listhub· Updated 55 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1949 N Colorado Avenue, Indianapolis, IN 46218

Open this listing in: