3009 N Colorado Ave, Indianapolis, IN 46218

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate First Realty Group
3009 N Colorado Ave,Other, IN 46218
$194,900
  • - Beds
  • - Baths
  • 1,100 sq. ft.
  • Multi-family
  • Active
Listed by: yita majerovic
Office: majer management llc.
MLS#:10054198
Source:IN_RAR

Price summary

  • Price:$194,900
  • Price per sq. ft.:$177.18

About this home

INVESTMENT OPPORTUNITY WITH SIGNIFICANT UPSIDE — BRING YOUR VISION! Unique 3-bedroom, 1-bath duplex currently under construction, with most electrical and plumbing rough-ins completed and the property ready for sheetrock. This is an excellent opportunity to finish the project to your specifications and create immediate value. The flexible layout offers multiple options: finish as a duplex, live in one unit while renting the other, hold as a rental, flip after completion, or convert to an impressive 6-bedroom, 2-full-bath single-family home. Investor highlights: Most electrical and plumbing rough-ins are complete; ready for sheetrock. Existing permits are in place and need to be renewed. Three contractor quotes totaling approximately $45,000 are available to complete the remaining work and can be provided prior to closing. Based on anticipated completed condition and local comparable properties, the finished property could potentially support a value around $300,000, subject to...

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Home facts

  • Year built:2025
  • Listing ID #:10054198
  • Added:6 day(s) ago
  • Updated:August 19, 2026 at 03:02 PM

Rooms and interior

  • Rooms Total:10
  • Living area:1,100 sq. ft.

Structure and exterior

  • Year built:2025
  • Building area:1,100 sq. ft.
  • Lot area:0.12 Acres
  • Levels:2 Stories

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$194,900
  • Price per sq. ft.:$177.18

Features and amenities

  • Amenities:Electric Water Heater

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