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$140,000 -

208 N Tacoma Avenue Indianapolis IN 46201

3
Bedrooms
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

INVESTOR ALERT! FIRE SALE!! DISTRESSED PROPERTY!! The sellers loss is your gain! Short sale subject to lender approval, which should be given by 1/1/25. Property was purchased for $133k and has had $40-50k in work done including a new garage pad. Completion plans and scope of work can be provided by seller. Step in and complete a promising flip in one of Indy's most sought-after revitalizing neighborhoods on the near eastside. This spacious 3-bedroom, 2.5-bath home boasts nearly 2400sq ft of finished living space and is ideally located just minutes from downtown. Surrounded by lots of new construction and remodeled homes, it sits right in the path of progress-an excellent investment for those looking to capitalize on the area's growth. The heavy lifting has been done: the property has been taken down to the studs, framed, drywalled, with electrical and plumbing rough-ins already completed. A brand-new roof and siding are in place, giving you a head start. Customize the final finishes and maximize your returns! A large concrete pad in the back offers the potential for a garage or ADU, adding an additional value-add opportunity for savvy investors. With its prime location, this property is perfect for a variety of investment strategies-whether you plan to flip, rent, or tap into the city's booming short-term rental market. Don't miss this chance to invest in a fast-growing, high-demand area!

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Property Details

Price: $140,000 Previously: $140,000 Originally: $199,000 Bedrooms: 3 Bathrooms: 2.50 MLS #: 22002455 Year Built: 1977 Township: Center Sq. Ft Total: 2,887 Type: Residential Zip Code: 46201 City: Indianapolis Subdivision: Ogle Etal East Park County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: None
  • Heating: No Heating

Exterior Features

Exterior Features:
  • Porch: Covered Patio, Covered Porch
  • # Acres: 0.12

Listing Office: Keller Williams Indpls Metro N

Office Contact: peter@peterstewartrealty.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on January 1st, 2025 at 9:46am EST.

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