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1661 N Pasadena Street Indianapolis IN 46219
1661 N Pasadena Street Indianapolis IN 46219
1661 N Pasadena Street Indianapolis IN 46219
1661 N Pasadena Street Indianapolis IN 46219
1661 N Pasadena Street Indianapolis IN 46219
1661 N Pasadena Street Indianapolis IN 46219

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Turnkey Cash-Flow Rental - Exceeds 1% Rule Asking Price: $145,000 Current Rent: $1,500/month + $200/month pet fee Total Monthly Income: $1,700/month Property Details 2 Bedrooms 1 Bathroom 1,470 total sq ft 735 sq ft main level 735 sq ft basement Built in 1956 Investment Highlights Exceeds the 1% rule Strong in-place cash flow Tenant in place Turnkey opportunity Recent Updates New flooring throughout Updated kitchen and appliances prior to current tenant placement New gas lines New plumbing Updated bathroom fixtures New water heater Roof approximately 10 years old Why This Deal Works Immediate cash flow with additional pet fee income Solid rent-to-price ratio Larger total square footage with basement space Minimal deferred maintenance based on recent updates.

Property Details of 1661 N Pasadena Street

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Listed by Samra Efendic of AMR Real Estate LLC (Samra.efendic@amr.group)

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 Based on information submitted to MIBOR as of May 14, 2026 5:40 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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