$72,000
Indianapolis, IN 46241
Current Rent **
N/A
Projected Rent **
$1,100
🔑 💪Strong Spread Potential - 850 S Woodrow Ave, Indianapolis, IN 46241
Strong value-add opportunity in the Avondale neighborhood with solid resale comps supporting a strong flip spread 📈
This 1927-built single-family home features 2 bedrooms, 1 bath, and 864 sq ft, along with a 1-car detached garage — a desirable bonus for resale and rental appeal.
Recent renovated homes in the area have sold in the $160K–$220K range, showing strong demand for updated homes in this pocket of Indy.
Crawl space foundation
🚗 1-car detached garage
🌳 5,053 sq ft lot
🔌 Utilities through AES & Citizens (electric, gas, water, sewer)
With the roof already replaced and a strong ARV spread, this property offers a solid opportunity for investors looking to capture value through a full renovation 🔑💸
Recent Neighborhood Comps-
603 Woodrow – 3/2, 1,269 sq ft sold for $70K cash (7 DOM) and later resold for $222K after being rehabbed.
902 Woodrow – 3/2, 1,056 sq ft sold for $170K.
1019 Laclede – 2/1, 884 sq ft sold for $160K in the same neighborhood and doesn’t have a garage.
Please do not disturb the occupants. Contact us for showing details.
All of our properties are sold "AS IS, WHERE IS" and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.
Realtors, we love working with you, please add your fee on top of our price.
Location:
Indianapolis, IN 46241
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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