Value-add opportunity in Indianapolis with strong rental potential and nearby sales supporting the upside š
This 1964-built single-family home featuresĀ 3 bedrooms, 1 bath, andĀ 1,200 sq ft, situated on aĀ 6,839 sq ft lotĀ with aĀ detached garage.
š Nearby comparable sales range fromĀ $120K as-is to $197K, supporting strong potential for a renovated property.
Property Condition:Ā Value-add opportunity with kitchen updates and additional repairs needed ā a solid candidate for a flip or rental investment.
- š Detached garage
šµĀ Strong rental potential at approximately $1,500/month
With a solid ARV, strong market rent potential, and nearby comparable sales supporting the exit value, this property offers an attractive opportunity for investors looking to add value ššø
Comps:
- 2105 Walker AveĀ ā 3 Bed / 1 Bath ⢠1,040 SF ā¢Ā $120,000Ā (As-Is)
- 2849 S Walcott StĀ ā 2 Bed / 1 Bath ⢠1,104 SF ā¢Ā $155,000
- 2302 Cameron StĀ ā 3 Bed / 1 Bath ⢠1,318 SF ā¢Ā $197,000Ā (12 DOM)
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