STUNNING Opportunity: 312 N. East St., Indianapolis, IN 46202
Discover an incredibly unique and eye-catching property in one of Indianapolis’ most desirable areas. This 3-bedroom, 2-bath home offers 1,648 sq. ft. of character, charm, and long-term potential—a rare find for investors seeking both historic appeal and value-add opportunity.
The home includes a three-car detached garage, unfinished basement, and a spacious yard with established gardens, setting the stage for expansion, creative landscaping, or future outdoor enhancements. Major mechanical improvements are already in place with a 2-year-old roof, newer dual furnace units, and a 2020 water heater—reducing initial capital expenditure and boosting immediate ROI potential.
Inside and out, this property radiates individuality. Its architectural details, layout, and overall aesthetic present a canvas for light cosmetic updates, full-scale renovation, or strategic modernization to significantly elevate value. Whether you’re looking to flip, hold as a rental in a premium location, or convert creatively, the endless opportunities make this a standout investment.
If you’re searching for a property with charm, character, and serious upside, this one checks every box.
Recent Neighborhood Comps-
424 E Vermont SOLD 460k AS-IS
419 N College SOLD 540k
634 E Vermont SOLD 559k
550 E New York SOLD 599k
