2516 W Virginia Street | MLS #202609688

Listing provided courtesy of KELLER WILLIAMS CAPITAL REALTYStacey CarpenterMLS# 202609688

Contact Information: cell: 812-453-2096

investor opportunity with a long-term Section 8 tenant in place since 2020, providing immediate rental income of $1,195 per month. The tenant pays all utilities, and all appliances are included in the sale. The property also features a detached garage, a new roof installed in 2020, and a new A/C unit installed in 2020. This is a strong cash-flow opportunity for investors seeking a stable income-producing property with the potential for future rent increases.

Source: Indiana Regional MLS, MLS#: 202609688

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Property Type

Residential
Lot

0.10 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2516 W Virginia Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
6/17/2026Source: Indiana Regional MLS	Price Reduction	$119,900 -6.3%
5/1/2026Source: Indiana Regional MLS	Price Reduction	$127,900 -1.5%
3/24/2026Source: Indiana Regional MLS	Added to Database	March 24, 2026