$1,722

closing credit¹

929 Olin Ave Indianapolis, IN 46222

$145,000
3 beds
1 full
720 sqft
0.08 acres
$201 / sqft
House

Property details

About 929 Olin Ave

This cash-flowing investment property is a prime opportunity for savvy investors looking for a fully remodeled, tenant-occupied home with rental income already in place. The tenant is secured through September 2025, making this a hassle-free, turn-key investment. Stripped down to the studs and completely remodeled, this home features all-new siding, roof, HVAC, water heater, windows, and updated electrical systems-no detail was overlooked. The centerpiece of this home is the modern kitchen, which boasts brand-new stainless steel appliances and stunning butcher block countertops, making it a standout feature of the property. The 720-square-foot home offers 2 comfortable bedrooms, 1 bonus room that can be used as an office or additional living space, and 1 full bathroom. It's designed to maximize functionality and style while maintaining low maintenance for long-term ownership. Located just steps from the B&O Trail, your tenants will have access to excellent outdoor recreation, and they'll appreciate the convenience of being just a short drive from I-70 and the airport. **Key Features:** - **Tenant Occupied Until September 2025** - Guaranteed cash flow. - **Complete Remodel** - Stripped to the studs with all new siding, roof, HVAC, water heater, windows, and electrical. - **Modern Kitchen** - Stainless steel appliances and butcher block countertops make the kitchen the heart of the home. - **Location** - Steps from the B&O Trail and a short drive to I-70 and the airport, making it a prime spot for tenants. This is a rare chance to invest in a fully renovated property with rental income already in place. Don't miss out on this fantastic investment opportunity!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size720 sqft
Lot size0.08 Acres
Year built1953
MLS #21987832

Summary

  • MLS Number: 21987832
  • MLS Name: MIBOR
  • Office Name: Resolute Realty
  • Office Email: drivers@resolute-rd.com
  • Listing Agent: Dana Rivers

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view of front of home featuring a patio and a front lawn

$145,000

929 Olin Ave

$1,722

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2020$25,000$545
2019$23,100$576
2018$22,200$516
2017$22,100$572

History based on county public records data.

Nearby schools

5

Allegiant Preparatory Academy

Public Charter KG-3

0.7 mi

3125 Concord Ct Ste B

4

Ernie Pyle Magnet Elementary School 90

Public District PK-6

0.9 mi

3351 W 18th St

7

Carl G. Fisher Elementary School

Public District KG-6

1.3 mi

5151 W 14th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,232. Typical income of Indianapolis, IN residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

47%
<35k
46%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
24%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 929 Olin Ave

This home is located at 929 Olin Ave in Indianapolis, IN and zip code 46222 in the Near Westside neighborhood. This 720 square foot home, which was built in 1953, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $145,000.

Over 140 listings were sold over their listed price in December 2024 in Indianapolis, IN. In the same period over 493 listings were sold below the listed price and 233 listings were sold for the listed price. The number of homes for sale in Indianapolis, IN decreased by 10.1% between November and December 2024. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $249,280.

From Rocket Homes Real Estate and based on county public records data.

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