Street view of 1817 Southeastern Ave
1 / 6
37score
New
$169,000
MLS Street view
Search photos

1817 Southeastern Ave

Indianapolis IN 46201 · Multi-Family · built 1920
4 bd2 ba
1.40 lender DSCR (est.)
Rent covers the estimated payment 1.40× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,700/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.

DSCR 1.40new this week
The underwriting

The numbers (estimates, illustrative)

$169,000List price
$1,700Rent estimate / mo
1.40Lender DSCR (est.)
$3,054Taxes / yr · county assessor
$141ZIP median $ / sqft
37/100Deal Score

Monthly picture (illustrative)

Rent est.$1,700
− Mortgage (P&I)−$886
− Taxes−$255
− Insurance−$70
= Cash flow before vacancy & repairs$489

The numbers

Price
$169,000
$ / sq ft
—
Rent estimate
$1,700/mo ZIP + bedroom comps
Property taxes
$3,054/yr 2% cap on assessed value $152,700
PITIA (assumed)
$1,211/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.40 rent ÷ PITIA · lender floor 1.20
Deal Score
37/100 DSCR 1.40 · new this week

The property

Beds / baths
4 / 2
Living area
—
Lot
4,792 sq ft
Year built
1920
Property type
Multi-Family
HOA
None on record
Flood zone
—
Registered rental
No

The listing

Source
Standard
MLS #
22133120
Listed
Oct 28, 2026
Days on market
4
Listing agent
Luke Granholm · @properties
3172174586 · luke@atpropertiesind.com
Price history
First asked $169,000
Keep looking

Similar deals nearby

Ask Triad about this deal

Want a second opinion, a walkthrough, or an offer strategy?

We buy in Indianapolis ourselves. Tell us what you're thinking and our team replies within one business day. Free, no obligation.

All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

AnalyzeAsk Triad