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1424 Finley Ave, Indianapolis, IN, 46203

1beds
1baths
440sqft
$60,000
$136price/sqft
$638/moest. monthly cost
$25,520/yrincome needed

About This Home

**Seller will consider owner financing offers** This property is a high-yield play for those who understand the value of density and creative site planning. The existing home sits at the rear of the lot, already taken down to the studs, saving significant time and cost on demolition. The expansive front portion of the lot provides ample buildable area for a larger primary residence or multifamily property. Benefit from established utility connections already on-site, streamlining the development process compared to a raw land purchase. Located in a neighborhood with steady growth, this is a perfect "buy and build" strategy. You can finish the rear house first to generate immediate rental income (estimated at $800/month) or live on-site while you manage the construction of a new home in the front.Whether you are looking to create a multi-unit compound or a custom primary residence with a detached guest house, the potential here is limited only by your vision!

Getting Around

59
WalkingSomewhat Walkable
35
TransitSome Transit
54
BikeBikeable

Schools

3/10
1/10

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Wood
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • High Speed Internet

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 440
  • Total interior livable area: 440 sqft

Kitchen

  • Features: Other
  • Level: Main
  • Area: 70
  • Dimensions: 7x10

Living Room

  • Features: Other
  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Master Bedroom

  • Features: Other
  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Property

Details

  • Parcel number: 491019112139000101
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Fencing: Fenced,Chain Link,Partial

Lot

  • Lot size: 6,098 sqft

Parking

  • Parking features: Alley Access,Gravel