$229,900
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1126 Union Street Indianapolis, IN 46225
Single Family
Residence
4
Beds
4
Baths
...
Bed/Bath
2,000
Sq. Ft.
Property Activity
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1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-ter...m hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside!
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MLS#
22072537
Property Type
Single Family
Bedrooms
4
Bathrooms
3 Full/1 Half
Year Built
1920
Square Feet
2,000
sq. ft
Lot Size
0.17
Stories
2.0
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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