416 S Spencer Ave, Indianapolis, IN 46219

Investor alert! This 3BR / 1BA, 1,360 sq. ft. east-side classic is packed with potential and priced for opportunity. Built in 1910, this home sits on a 6,795 sq. ft. lot with a 2-car detached garage, plenty of space for creativity and value-add improvements. The bones are solid: roof, furnace, and A/C are all in good working order, water heater is new, and electrical is in good condition-meaning you can focus your budget on the fun stuff like cosmetic upgrades and modern finishes. With no HOA and a vacant, easy-to-show setup, this property is perfect for an investor looking for a light rehab, flip, or long-term rental hold in a steadily growing area of Indianapolis. Bring your vision, a little elbow grease, and watch this one shine again.