2326 Winthrop AVE, Indianapolis, IN 46205
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2326 Winthrop AVE, Indianapolis, IN 46205
2326 Winthrop AVE, Indianapolis, IN 46205
2326 Winthrop AVE, Indianapolis, IN 46205
2326 Winthrop AVE, Indianapolis, IN 46205
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Logan Sanford

Logan Sanford

+1(765) 580-1833
Listed by Pamela Journey • E & L Son Enterprise, LLC
$ 119,000
Est. payment /mo
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Active

2326 Winthrop AVE Indianapolis, IN 46205

2 Beds

1 Bath

1,014 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,014 sqft

Price per Sqft $117

Subdivision Reagan Park

MLS Listing ID 22128232

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Property Description

Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential (SFR) units. Draft conceptual floor plans are attached to illustrate a potential layout for the two-unit configuration each with 2 BRs, washer/dryer hookup and off-street parking. The primary SFR has 1.5 baths and a porch. The 2nd unit is designed to be separately metered and totally electric to maximize the existing rooftop solar panels. This property offers a tremendous 'value-add' opportunity for an investor looking to sale/rent both SFRs and/or a homeowner looking to reside in 1 unit, and sell, rent or AirBNB the other. Offered AS-IS for just $120,000. The after-repaired value (ARV) as 2 separate SFR as drafted should excess $250k. Buyer due diligence is required to independently verify zoning, permitted use, ARV, etc.

Location

State IN

County Marion

Rooms

Main Level Bedrooms 2

Interior

Heating Gas, Solar

Cooling Window Unit(s)

Flooring Hardwood

Fireplace N

Appliance Gas Oven, Refrigerator, Water Heater

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Access Desc Public

Building

Story One

Foundation Crawl Space

Water Public

Architectural Style Ranch

Structure Type Aluminum Siding,Vinyl Siding,Other

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
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Logan Sanford

Logan Sanford

Agent License ID: RB21000467

+1(765) 580-1833

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2326 Winthrop AVE