Investor alert! This 7-property rental portfolio in Indianapolis delivers reliable, government-backed income, with minimal landlord expenses! Tenants pay all utilities and supply their own appliances, keeping your operating costs low and your returns high.
Generating $127,536 in annual gross rent, the portfolio nets $100,473/year after expenses, achieving a strong 9.13% cap rate. All properties are fully leased with stable Section 8 tenants, and managed professionally. Expenses are minimal and already budgeted — including $10,110 in taxes, $4,200 for insurance, and $12,753 for property management.
These are turnkey, low-touch rentals ideal for out-of-state or hands-off investors. Homes range from 2 to 5 bedrooms (960 to 2,288 sq ft) and are located across strong rental neighborhoods in Indianapolis, close to schools, public transit, and employment hubs. Addresses include:
406 S Harlan – 3 Bed, $1,500/mo
507 W 29th – 4 Bed, $1,500/mo
537, 541 & 545 N Rural – Up to 5 Beds, Rents to $1,875
2605 N Harding – 3 Bed, $1,653/mo
2403 N Parker – 4 Bed, $1,800/mo
This package offers both strong immediate returns and long-term equity potential. Whether you're scaling your portfolio, completing a 1031 exchange, or looking for mailbox money, this is a rare find in a hot market.
Full rent roll, leases, and P&L available upon request.
No cherry-picking, this is a full portfolio offering only.