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Value-add opportunity in the Cheney West area with strong square footage, recent major updates, and upside potential 📈
This 1927-built single-family home features 3 bedrooms, 2 full baths, and 1,588 sq ft, sitting on a .25-acre lot — offering plenty of space for both resale and long-term rental appeal.
🔧 Major Updates:
- Roof — 2 years old 🏠
- Water Heater — 1 year old 🚿
- A/C — Age unknown ❄️
- Crawl space foundation 🧱
⚠️ Property appears to need cosmetic updates, but key systems already show recent improvements.
📍 Located in Shelbyville’s Cheney West neighborhood with a layout and lot size that support strong resale potential.
With solid square footage, newer big-ticket items already completed, and room to add value through updates, this property offers a strong opportunity for investors looking for their next flip or rental project 🔑💸
Recent Neighborhood Comps-
515 Doran Ave – 3/2 only 1032 sqft
632 7th St – 3/1 only 1088 sqft
633 7th St – 4/1 sold AS IS – only 1196 sqft
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