208 N Tacoma Avenue

Indianapolis, IN 46201

2ND CHANCE INVESTOR SPECIAL - FLIP OPPORTUNITY IN RAPIDLY DEVELOPING AREA!! BOM due to buyer having insufficient funds to close. This is your chance to complete a nearly 2,400 sq. ft., 3-bedroom, 2-bathroom home located just minutes from downtown Indianapolis in a neighborhood poised for explosive growth. The property is surrounded by new construction and beautifully renovated homes, making it an ideal investment for those looking to capitalize on the area's upward trajectory. ARV is in the $250-300k range. The property has already had $40-50K of work completed, including a brand-new roof, siding, framing, drywall, and rough-ins for electrical and plumbing. The heavy lifting is done, and now it's ready for your finishing touches. A detailed scope of work and architectural plans are available to guide the final stages of the project, allowing you to complete the project quickly and maximize your returns. Bid to get work done is $45,000. The large concrete pad that has been constructed in the back offers even more value-add potential with space for a garage or accessory dwelling unit (ADU). Whether you plan to flip, rent, or tap into the booming short-term rental market, this property is a versatile investment opportunity. Don't miss out on this opportunity to invest in a high-demand area and turn this property into a lucrative asset. Property is sold AS-IS. No seller financing. Possible short sale.

Listing courtesy of Keller Williams Indpls Metro N 3174509202



Listings courtesy of as distributed by MLS GRID. 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 is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-04-03 08:40 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.