Sheldon Barnes
For Sale — 4737 E 33rd Street, Indianapolis, IN 462184737 E 33rd Street
Indianapolis, Indiana 46218
Forest
2
Beds
1
Baths
864
Sq Ft
1955
Year Built
0.17
Acres
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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 4737 E 33rd Street in Forest, ask any question about this home, or talk through what you should know about buying in Indianapolis.
ABOUT THIS HOME
Investor opportunity on the east side of Indianapolis! This 2-bedroom, 1-bath home at 4737 E 33rd St is tenant-occupied with a long-term resident in place, generating $800/month in rental income-offering immediate cash flow from day one. Low-maintenance and easy to manage, this property is well-suited for investors looking for steady, consistent returns. Conveniently located near major roadways, shopping, and local amenities, the area supports strong rental demand. Whether you're adding to your portfolio or looking for a reliable income-producing property, this is a solid opportunity with continued upside.
Key things to know
- Tenant-occupied with long-term resident
- $800/month rental income
- Central air and forced air heating
- Eat-in kitchen
- Low-maintenance
Monthly payment
Estimate · $89,900
$571/mo
≈ $478 principal & interest · $93 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $17,980 on a loan of $71,920.
Price history
- Listedat $97,500
Apr 23, 2026
Forest · activity
past 6 months
- Sold
- 10
- Median price
- $19,000
- Median DOM
- 29 days
Recent comparable sales
$165,900
3141 N Bolton Avenue
2bd · 1ba · 800 sqft
Sold May 2026
$174,900
2601 Manlove Avenue
3bd · 1ba · 972 sqft
Sold May 2026
$155,000
5402 E 20th Place
2bd · 1ba · 720 sqft
Sold May 2026
$197,000
4848 E 34th Street
3bd · 2ba · 1,104 sqft
Sold May 2026
$155,000
1717 N Euclid Avenue
2bd · 1ba · 720 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 46% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$97,500Listed· Apr 23, 2026
8 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis4.9 mi
- Monon Trail (Carmel)10.0 mi
- IU Health North Hospital10.2 mi
- Carmel High School10.7 mi
- Carmel Central Park11.1 mi
- Fishers High School11.3 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
864 sq ft
Year Built
1955
Stories
One
Subdivision
Forest
Bedrooms
2
Bathrooms
1 full
School District
Indianapolis Public Schools