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Street View
$129,000
Monthly Est:$642
2 Beds
- 1 Bath
1 full bath
736sqft
1949 N Colorado Ave, Indianapolis, IN 46218
$129,000
$642/moEst:
Get Pre-Approved
Single Family Residence
Built in 1950
$-- HOA
5,271 sqft lot
$175/sq.ft
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.
- Houzeo last checked: 3 minutes ago
- Listing updated: June 4, 2026 at 12:52 pm
- Listing Provided by: Heather Upton , Michael Hopkins | Keller Williams Indy Metro NE (317) 564-7100
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22098880

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
736 sqft
Lot Size
5,271 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22098880
MLS Status
Active
Days on Market
161
Cumulative Days on Market
37

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathroom: 1
Kitchen
Level: Main
Area: 135.00 Square Feet
Dimensions: 15x9
Master Bedroom
Level: Main
Area: 132.00 Square Feet
Dimensions: 12x11
Bedroom 2
Level: Main
Area: 110.00 Square Feet
Dimensions: 11x10
Living Room
Level: Main
Area: 150.00 Square Feet
Dimensions: 15x10
Bonus Room
Level: Main
Area: 120.00 Square Feet
Dimensions: 12x10
Interior
Heating
Forced Air
Appliances
Dishwasher, Gas Water Heater, Gas Oven
Cooling
Central Air
Window Features
Vinyl Windows
Exterior Features
Not Applicable
Interior Features
Eat In Kitchen
Construction
Year Built
Year Built: 1950
Home type
Single Family Residence
Construction Materials
Vinyl Siding
Property Condition
Updated/remodeled
Foundation Details
Block
Architectural Style
Bungalow
Utilities & Energy
Water Source
Public
Basement
Unfinished
Parking Features
Detached
Electric
100 Amp Service
Utilities
Cable Available
Other Features
Patio And Porch Features
Porch
Lot Features
Not Applicable
Subdivision Name
Brookside Sunny Grove
Price History
| Date | Event | Price |
|---|---|---|
05/01/2026 Source: #MBR22098880 | Listed for Sale | $129,000 -0.77% $175/sqft |
05/01/2026 Source: | Price Increased | $130,000 +0.78% $177/sqft |
05/01/2026 Source: | Price Increased | $129,000 +191.86% $175/sqft |
12/30/2025 Source: | Price Decreased | $44,200 -54.67% $60/sqft |
01/18/2022 Source: | Price Increased | $97,500 +528.63% $132/sqft |
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Getting Around 1949 N Colorado Ave
Bike Score®
Somewhat Bikeable
34/100
Walk Score®
Car-Dependent
27/100
Transit Score®
Some Transit
29/100
Data provided by Redfin
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Based on information from MIBOR REALTOR® Association through Oct 09, 2026, 12:45AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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