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4 Beds
1 Bath
1,540 sqft

$124,000

40 S Chester Avenue, Indianapolis IN, 46201

Price per sqft$80.52
Built in1910
Property size1,540 sqft
Property typeResidential
Courtesy of Rize Commercial Realty LLC, Karanjod Cheema Listing Contact:

Overview

Active

Listed Jul 13, 2026

Updated 3 days ago

This 4-bedroom, 1-bathroom single-family home features a detached one-car garage with convenient alley access and is currently tenant-occupied, providing immediate rental income. The home offers a functional layout with a formal living room, separate dining room, and a kitchen featuring an eat-in area and breakfast room. Two bedrooms are located on the main level, with two additional bedrooms upstairs, providing flexible living space. Please note that the second floor does not have central heating or air conditioning. Outside, you'll find a covered front porch, a fenced front yard, and a spacious backyard. Whether you're looking to expand your investment portfolio or purchase a property with value-add potential, this home offers strong upside in a convenient Indianapolis location.

$825/mo

Est. mortgage payment based on a $124,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22113736

Interior Features

Bedrooms
4
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Garage
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sue Pfohl shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:34 AM UTC on 10/8/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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