2326 Winthrop Avenue, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2326 Winthrop Avenue,Indianapolis, IN 46205
$120,000
  • 2 Beds
  • 1 Baths
  • 845 sq. ft.
  • Single family
  • Active
Listed by: pamela journey
Office: e & l son enterprise, llc.
MLS#:22128232
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$120,000
  • Price per sq. ft.:$118.34

About this home

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...

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Home facts

  • Year built:1940
  • Subdivision & Development:Reagan Park
  • Listing ID #:22128232
  • Added:1 day(s) ago
  • Updated:September 27, 2026 at 03:02 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Gas Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement
  • Living area:845 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Year built:1940
  • Building area:845 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Not In Subdivision
  • Architectural Style:Ranch
  • Construction Materials:Aluminum Siding, Vinyl Siding
  • Foundation Description:Crawl Space

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$120,000
  • Price per sq. ft.:$118.34

Features and amenities

  • Appliances:Refrigerator, Water Heater

Parking

  • Garage:Yes
  • Garage spaces:2
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