3445 Graceland Avenue

Indianapolis, IN 46208 (MLS #MBR22049539)
$110,000
Beds
2
Baths
1
Square Ft.
975

Description

This home in Crown Hill is a great value-add opportunity-whether you're a first-time homebuyer ready to build sweat equity or an investor expanding your rental portfolio. Currently occupied by an at-will tenant paying $800/month, it offers immediate income with upside potential through upgrades and rent growth. Ideally located with quick access to Downtown Indy, Newfields, Butler University, and major transit routes, this property sits in a high-demand area with strong rental potential. With solid bones and neighborhood momentum, it's a prime candidate for strategic renovation or long-term hold.
Courtesy of @properties.
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
975
Lot Size
0.12 Acres
Year Built
1910
MLS Number
MBR22049539
Appliances & Equipment
Description: "Range Hood", "Gas Water Heater"
Basement
Description: "Unfinished"
Building
Area: 780, Architecture: "Bungalow", Building Area: 975, Construction Materials: "Aluminum Siding", Levels: "One", Year Built: 1910
Cooling
Details: "None"
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Forced Air", "Natural Gas"
Lot
Acres: 0.12, MLS Acres: <1/4 Acre
Property
Description: "Smoke Alarm"
Utilities
Water Source: "Public"

Area snapshot

30 Days Snapshot Of 46208
$355k
(avg) sold price
+31%
30
homes sold
-6%
69
(avg) days on market
-16%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 27
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map

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Monthly Payment
$0

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