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$95,000
2 Beds ⋅ 1 Baths
8123 Patton Dr, Indianapolis, IN 46226 Great investment opportunity on Indy's east side! 8123 Patton Dr is a solid rental property that is currently tenant occupied, providing immediate cash flow for the next owner. The lease is ending soon, giving buyers flexibility to either renew with the current tenant, place a new tenant at market rent, or reposition the property for increased returns. This home is being offered as part of a 4-property investment package, making it a strong option for investors looking to expand their portfolio with multiple income-producing properties at once. Located near shopping, dining, schools, and quick access to major roadways, this property is positioned for consistent rental demand. Do not disturb tenant. Showings with accepted offer only.

8123 Patton Drive, Lawrence

Listing courtesy of AMR Real Estate LLC. Selling Office: eXp Realty, LLC.

$85,100
3 Beds ⋅ 1 Baths
Prime Investment & Development Opportunity in Lawrence Township! Unlock the potential of this value-add property situated on an oversized lot. This is an exceptional opportunity for experienced investors, builders, and developers looking to maximize returns. The existing home requires a full renovation, making it an ideal candidate for a fix-and-flip, rental investment, or long-term hold. The oversized parcel may offer the opportunity to split the lot, creating a separate buildable homesite with frontage on Kingman Drive. Once the parcel is split, the newly created lot could be developed or sold separately, offering multiple strategies to maximize your investment. Whether your vision is to renovate the existing home while building on the new lot or complete the split and sell the additional parcel, this property offers outstanding upside and flexibility in a desirable Lawrence Township location. Seller's Disclosure is available. Buyer to verify all zoning, lot-split feasibility, utility access, setbacks, permits, and development requirements with the appropriate governmental authorities.

4617 Elmhurst Drive, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE. Selling Office: Realty World Indy.

$69,000
3 Beds ⋅ 2 Baths
Incredible investment or sweat-equity opportunity in Franklin Trails Estates! Located at 5306 N Franklin Rd, this 3-bedroom, 2-bath, 1,248 sq ft two-story townhome is a cosmetic fixer priced perfectly for its current condition. With a nicely remodeled ARV up to $140k, the upside here is massive for flippers or handy owner-occupants. The main level features a soaring two-story vaulted living room, a convenient main-floor bedroom and full bath, and an eat-in kitchen with side-by-side laundry area that can easily be expanded and opened up without moving structural walls. Upstairs holds two additional bedrooms and a full bath. Outside, enjoy a private, enclosed backyard area and a detached 1-car garage. You already have a great head start with a 5-year-old HVAC system with an Ecobee thermostat, a 2021 dishwasher, and an updated 2019 kitchen sink and plumbing. The location is unbeatable: directly across from the Lawrence Soccer Complex, skatepark, and playground, blocks from Fort Ben State Park and Lawrence Central High, and minutes from Pendleton Pike and I-465. The low-maintenance HOA covers water, sewer, trash, exterior maintenance and landscaping, and grants access to the community pool and clubhouse-owners only pay electricity! Sold strictly as-is, seller to do no repairs. Cash or conventional financing only (no FHA/VA or creative financing). Rentals are allowed but subject to a community cap/waitlist. Bring your vision and schedule a showing today to unlock this property's true potential!

5306 N Franklin Road, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N. Selling Office: Ascend Homes.

$68,000
Prime commercial opportunity on highly traveled Shadeland Avenue! This C4-zoned lot offers exceptional visibility and strong daily traffic counts, making it an ideal location for retail, restaurant, medical, or service-based businesses. Positioned in a well-established commercial corridor, the site benefits from consistent exposure, easy access, and proximity to surrounding residential neighborhoods and national retailers. With flexible zoning that supports a wide range of commercial uses, this property is perfect for investors, developers, or owner-users looking to capitalize on a high-demand area. Rare opportunity to secure a strategic location with strong growth potential and excellent accessibility in one of Indianapolis's busy commercial corridors.

4609 N Shadeland Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz. Selling Office: Realty of America LLC.

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