Description
Investor Special Near Irvington – High Upside Opportunity! Located at 406 S Butler Avenue in Indianapolis, this 3-bedroom, 1-bath home with a 1-car detached garage and full basement offers serious potential for the right buyer. Just minutes from the highly desirable Irvington neighborhood, this property sits in an area seeing continued appreciation and revitalization. Inside, you’ll find a functional layout with an open flow from the living area into the kitchen, plus original architectural charm including a classic arched doorway. The home already features updated flooring in portions of the property, providing a solid starting point for your renovation vision. The full basement offers additional value-add possibilities for storage, mechanical updates, or future finished space. This is a true value-add opportunity geared toward seasoned rehabbers or investors looking to capitalize on strong resale potential. With comparable renovated homes pushing an ARV north of $225,000, there’s ample room for profit. Priced at $135,000, this property is being offered as-is and is ideal for those ready to bring their vision and expertise to unlock its full potential. Prime location + solid structure + strong ARV = opportunity you don’t want to miss.
Address
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Address: 406 S Butler Avenue
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46219
Details
Updated on April 24, 2026 at 6:25 pm-
Property ID 22097796
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Price $135,000
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Property Size 1824 Sqft
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Land Area 0.13 Acres
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Bedrooms 3
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Rooms 6
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Bathroom 1
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Garage 1
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Garage Size x x
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Year Built 1930
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Utilities Cable Available
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Cooling Central Air
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Heating Forced Air,Natural Gas
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County Marion
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Property Type Residential
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Parking Detached
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Architectural Style Bungalow
Mortgage Calculator
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