Excellent value-add opportunity in Indianapolis with strong comparable sales and solid upside for investors looking to flip or add to their rental portfolio. 📈
This 1959-built single-family home features 3 bedrooms, 1 bathroom, 1,344 square feet, an attached garage, and sits on a 0.18-acre lot.
Property Condition: GREAT renovation opportunity on kitchen, bathroom, and cosmetic updates, along with additional improvements to maximize value.
🔧 Major Updates:
- Roof — Replaced in 2016 🏠
- Furnace — 2008 🔥
- A/C — 2008 ❄️
- Water Heater — 2008 🚿
- Older vinyl windows 🪟
- Slab foundation 🧱
🚗 Attached garage
💰 Market rent of approximately $1,300 per month.
With strong nearby comparable sales, a solid layout, and attractive upside potential, this property offers investors an excellent opportunity in an established Indianapolis neighborhood. 🔑💸
📈 Nearby comparable sales include:
- 7533 Placing Rd – 3/1 Sold for $115,000 (as-is)
- 7641 E 35th St – 3/1 Sold for $158,000
- 7638 E 37th Pl – 3/2 Sold for $205,000