208 N Tacoma Avenue, Indianapolis, IN 46201

$199,000 Asking Price

3 beds
3 baths
2,372  sqft
Built in 1977

INVESTOR ALERT! Seize the opportunity to 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!


Features & Amenities

Interior

General:
Windows Vinyl
Appliances:
None
Basement:
Unfinished
A/C:
None
Heating:
No Heating
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Other Structures:
Covered Porch, Covered Patio

Construction

General:
One and One Half, Concrete Perimeter, Block, Brick

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Ogle Etal E Park Add L179, 491005209072000101

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Keller Williams Indpls Metro N, Peter Stewart

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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