4002 N Catherwood AVE Indianapolis, IN 46226 New

UPDATED: 03/27/2026 10:40 PM ON MARKET: 3 days on market

$129,900

4 Beds1 Bath984 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 984 sqft

Price per Sqft $132

Subdivision Sheridan Heights

MLS Listing ID 22091764

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1957

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Location

State IN

County Marion

Rooms

Main Level Bedrooms 4

Interior

Interior Features Attic Access

Heating Forced Air,Natural Gas

Cooling None

Fireplace Y

Appliance Electric Oven,Refrigerator

Building

Story One

Foundation Slab

Water Public

Architectural Style Bungalow

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District Msd Lawrence Township

Property Description

Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal management needed, this property is an excellent addition to any portfolio seeking dependable returns.