Description
Investor opportunity in North Brookside Park: this 2-bed home in Indianapolis offers solid upside with 1,162 square feet on the main level, plus a full basement for added value. Located on a quiet street in a fast-changing area, 1938 N Dearborn is priced below comps and ready for your next project. Built in 1920, the home has a functional layout with a 21x11 living room, separate dining or flex space, and main-level laundry-an uncommon perk for homes of this era. The kitchen and baths are ready for cosmetic upgrades, and there's a bonus room that could flex as an office or third sleeping space. Both bedrooms are well-proportioned with natural light, and the full basement offers expansion or storage potential. Other highlights: Covered front porch with curb appeal Detached 1-car garage 0.12 acre lot, low maintenance Fenced yard potential Clean title and vacant for immediate close Comps in the area support strong ARV with the right finishes Surrounded by ongoing renovations and located just minutes from downtown, Mass Ave, and the Monon Trail, this is a strategic buy-and-hold, flip, or rental opportunity in a neighborhood gaining investor momentum. Sold as-is. Bring your contractor and your vision.
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2BEDS
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0.12ACRES
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1BATHS
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11/2 BATHS
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1,162SQFT
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$82$/SQFT
Description
Investor opportunity in North Brookside Park: this 2-bed home in Indianapolis offers solid upside with 1,162 square feet on the main level, plus a full basement for added value. Located on a quiet street in a fast-changing area, 1938 N Dearborn is priced below comps and ready for your next project. Built in 1920, the home has a functional layout with a 21x11 living room, separate dining or flex space, and main-level laundry-an uncommon perk for homes of this era. The kitchen and baths are ready for cosmetic upgrades, and there's a bonus room that could flex as an office or third sleeping space. Both bedrooms are well-proportioned with natural light, and the full basement offers expansion or storage potential. Other highlights: Covered front porch with curb appeal Detached 1-car garage 0.12 acre lot, low maintenance Fenced yard potential Clean title and vacant for immediate close Comps in the area support strong ARV with the right finishes Surrounded by ongoing renovations and located just minutes from downtown, Mass Ave, and the Monon Trail, this is a strategic buy-and-hold, flip, or rental opportunity in a neighborhood gaining investor momentum. Sold as-is. Bring your contractor and your vision.
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