5+ Days Ago
Highlights
- Dishwasher
- Hardwood floors
- Stainless steel appliances
- Central heat
- Extra storage
- Washer /dryer
Location
1227 Wallace Ave #NA, Indianapolis, IN 46201, USA|Near Eastside
Tour 1227 Wallace Ave #NA
Contact
Sweet Hearth
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Property Overview
Featuring modern amenities such as hardwood floors, stainless steel appliances, and a convenient dishwasher, comfort and style are integrated throughout. The central heating system ensures warmth during colder months, while extra storage and washer/dryer facilities enhance practicality. The location in Indianapolis offers accessibility to local attractions and services, enriching the overall living experience.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
- Images Available
Great for
Pet owners
Amenities for 1227 Wallace Ave #NA, Near Eastside
Apartment Amenities
| Air Conditioning | Central Heat |
| Hardwood Floor | Porch |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog policy
| Allowed |
|---|
Cat policy
| Not Allowed |
|---|
Small dogs allowed. Contact for more information on pet policy.
Parking
| Assigned Parking | Contact for Price |
|---|
Required one-time fees
| Security Deposit | $980 |
|---|---|
Optional fees
| Incidental Fee | $50 |
|---|---|
| Per occurrence fee | |
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1227 Wallace Ave #NA
Updated 1 bedroom (120sq.ft), 1 bathroom duplex (796s.ft) in the quiet neighborhood of Little Flower in Indianapolis. 12 mins from Mass Avenue, 8 mins from Irvington, 4 mins from Community Hospital East. CVS, Kroger, and many other stores and restaurants are a couple blocks away. On bus route. Amenities include: central air, central heat, dishwasher, hardwood floors, stainless steel appliances, updated kitchen, washer /dryer on main floor, extra storage, yard, and porch. Assigned parking space behind the home. No Utilities included. Small, trained dogs allowed with an additional $250 initial fee and $20/month for each pet. Applicants with eviction history may not be accepted or require up to two months rent ahead. Immediate availability. $980/month rent. $980 security deposit required. Please submit the form on this page or contact Niki at **** to learn more or Sarah at (219) 455-3084 to schedule a tour. This property is managed by a responsible landlord using Avail landlord software.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1227 Wallace Avenue, Indianapolis, IN 46201, USA compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 196 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | House for rent |
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Rent trends in Near Eastside
1-bedroom apartments at 1227 Wallace Ave #NA cost about 15% more than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Sep 13 2025.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| September 2023 | $1,139 |
| October 2023 | $1,133 |
| November 2023 | $1,071 |
| December 2023 | $1,072 |
| January 2024 | $1,060 |
| February 2024 | $986 |
| March 2024 | $1,104 |
| April 2024 | $1,129 |
| May 2024 | $1,132 |
| June 2024 | $1,076 |
| July 2024 | $1,081 |
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,100 |
| Month | Median Rent |
|---|---|
| September 2023 | $775 |
| October 2023 | $750 |
| November 2023 | $737 |
| December 2023 | $743 |
| January 2024 | $774 |
| February 2024 | $787 |
| March 2024 | $790 |
| April 2024 | $775 |
| May 2024 | $749 |
| June 2024 | $733 |
| July 2024 | $730 |
| August 2024 | $755 |
| September 2024 | $782 |
| October 2024 | $778 |
| November 2024 | $758 |
| December 2024 | $779 |
| January 2025 | $803 |
| February 2025 | $800 |
| March 2025 | $799 |
| April 2025 | $799 |
| May 2025 | $796 |
| June 2025 | $792 |
| July 2025 | $797 |
| August 2025 | $833 |
| September 2025 | $844 |
Affordability calculator
Can I afford to live at 1227 Wallace Ave #NA?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$39,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,200 annually to afford this 1-bedroom monthly rent price of $980.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 10 years ago | $495 | 1 bed | 1 bath | ||
| 10 years ago | $495 | 1 bed | 1 bath |
Schools near 1227 Wallace Ave #NA
Brookside School No. 54
3150 e 10th st
indianapolis, IN, 46201
PK, K-6Public
C-
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
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Internet available near 1227 Wallace Ave #NA
Neighborhood
Near Eastside | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 1227 Wallace Ave #NA
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1227 Wallace Ave #NA, Indianapolis
Groceries
7/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.
Shopping
3/10
Some fashion stores are within walking distance.
Cafes
1/10
Few cafés are within walking distance.
Restaurants
4/10
Some restaurants are within walking distance.
Primary schools
10/10
At least one elementary school within a 5-minute walk.
High schools
9/10
At least one high school within a 5-to-10-minute walk.
Parks
5/10
Very few or no parks in the area.
Nightlife
4/10
The closest bar is within a 10-minute walk, and there are a few other bars within walking distance.
Other units at this address
1227 Wallace Avenue, Indianapolis, IN
1227 Wallace Avenue Indianapolis, IN
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$495
In-Unit Laundry
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