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Listed by Peter Stewart • Keller Williams Indpls Metro N

$99,000

Est. payment - /mo

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5 Beds

2 Baths

2,960 SqFt

New

31 N Linwood AVE Indianapolis, IN 46201

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mike@rexpremier.com +1(219) 405-3647

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,960 sqft

Price per Sqft $33

Subdivision Tuxedo Park

MLS Listing ID 22053152

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1920

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

Investor special! Welcome to 31 N Linwood Ave, a large 5-bedroom, 2-bath home with over 2,300 sq ft of living space and a 588 sq ft unfinished basement, located in the well known Bosart Brown neighborhood on Indianapolis' near eastside. This property is a full-scale rehab project and is perfect for seasoned investors looking for their next flip, BRRRR opportunity, or long-term rental hold. The home needs a complete renovation from top to bottom but offers incredible potential with its generous square footage and flexible layout. Section 8 rental comps suggest this property could generate over $2,500/month, making it a strong candidate for high cash flow once fully renovated. The spacious backyard includes a gravel parking area for off-street parking, and there's additional upside with the potential to build a carriage house or third unit in the rear (subject to city approval). Located just minutes from downtown and near other revitalizing neighborhoods, this is a rare chance to buy low and build value. Sold as-is, seller will make no repairs. Cash or hard money financing only. Don't miss out on this opportunity to bring new life to a classic near-eastside home-schedule your showing and start planning your next investment move at 31 N Linwood Ave!

Location

State IN

County Marion

Rooms

Basement Partial, Unfinished

Main Level Bedrooms 1

Interior

Interior Features High Ceilings, Entrance Foyer, Eat-in Kitchen

Heating Forced Air, Natural Gas

Cooling None

Equipment Not Applicable

Fireplace Y

Appliance Electric Oven, Refrigerator

Exterior

View Y/N false

Building

Story Two

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Vinyl With Brick

New Construction false

Schools

School District Indianapolis Public Schools

Others

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