Value-add opportunity in Indianapolis with strong rental potential and nearby sales supporting the upside 📈
This 1964-built single-family home features 3 bedrooms, 1 bath, and 1,200 sq ft, situated on a 6,839 sq ft lot with a detached garage.
📈 Nearby comparable sales range from $120K as-is to $197K, supporting strong potential for a renovated property.
Property Condition: Value-add opportunity with kitchen updates and additional repairs needed — a solid candidate for a flip or rental investment.
- 🚗 Detached garage
💵 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 🔑💸
Comps:
- 2105 Walker Ave – 3 Bed / 1 Bath • 1,040 SF • $120,000 (As-Is)
- 2849 S Walcott St – 2 Bed / 1 Bath • 1,104 SF • $155,000
- 2302 Cameron St – 3 Bed / 1 Bath • 1,318 SF • $197,000 (12 DOM)
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