Goooooood MORNING AGAIN!!! I have a hot one for you today on popular North Olney street in Indianapolis! This would be a great flip in a house that has tons of character. Look at all of that original woodwork, would ya! This one comes with an extra lot that is currently part of this parcel with an address of 3510 E 10th street (see pic in link).

The house sits on a 3136 square foot lot if you separate it from the 10th street lot. The 10th street lot is 8064 square feet for total lot space between the two of just over a quarter acre. A lot in the 1/4 mile, which is hard to come by sold for $25k recently.

Currently a 3-bedroom home, there is great untapped attic space that already has a stairway leading to it that could be a master en suite!!! There is also an office on the second floor.

Do not disturb occupants. This will be vacant at closing. Reply for showing information.

Recent lot sales include:
939 N Lasalle - SOLD $25k (0.15 acre, 86 DOM)

Recent Browns Brookside home sales include:
1211 N Olney - SOLD $179k after basic rehab (3/2, ONLY 1170 sf, no garage)
1106 N Ewing - SOLD $192k after basic rehab (3/2, 1560 sf, detached garage, 12 DOM)
1320 N Olney - SOLD $262500 after nice rehab (4/2, 2110 sf, detached garage, 39 DOM)

Location:

1007 N Olney St, Indianapolis, IN 46201

Looking for an agent?

Become a featured agent on Agent Finder

Need a Contractor? Get help finding local and reliable contractors. From handyman to roof install, we can help.

Find a Contractor

Start a rental property calculator report

Use the rental calculator to determine this property's potential profit.

Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.

Beautiful character in this PERFECT 3-4 bedroom Flip Opportunity on North Olney Street!!!

Location:

Only paying BiggerPockets members can do this!

Pro Marketplace Benefits

Additional Pro Benefits