2717 Highland Place, Indianapolis, IN 46208

$137,000
3
BD
1
BA
3,158
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$137,000
MLS#
22114954
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
3,158
Year Built
1920
Days on Market
12
Status
ACTIVE

Property Description

This 3-bedroom, 1-bathroom home offers a functional layout and plenty of indoor and outdoor living space. The main level features a spacious eat-in kitchen, a formal dining room, one bedroom, and a full bathroom, while two additional bedrooms are located upstairs. The basement provides flexible space for recreation, entertaining, or additional storage. A new furnace was installed in November 2024. Enjoy relaxing on the covered front porch or entertaining on the concrete patio overlooking the spacious backyard. The property also offers convenient alley access with a concrete parking pad for two vehicles, along with generous front and rear yard space. Conveniently located less than one mile from I-65 and the Children's Museum, this home provides easy access to Downtown Indianapolis, local amenities, and major transportation routes. The property is currently leased to a long-term tenant who has occupied the home for over 20 years. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. This property offers immediate rental income with strong value-add potential.

Additional Information

Foundation
Concrete Perimeter
Stories
Two
Architecture
Traditional
Interior
Hardwood Floors, Eat-in Kitchen
Acres
0.12
Heat
Natural Gas
Cooling
Central Air
Appliances
Other
Region
Center
Eating Areas
Formal Dining Room

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rize Commercial Realty LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative