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2326 Winthrop Avenue

Indianapolis IN 46205

2
1
2
1014 sq. ft.
4095 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential (SFR) units. Draft conceptual floor plans are attached to illustrate a potential layout for the two-unit configuration each with 2 BRs, washer/dryer hookup and off-street parking. The primary SFR has 1.5 baths and a porch. The 2nd unit is designed to be separately metered and totally electric to maximize the existing rooftop solar panels. This property offers a tremendous 'value-add' opportunity for an investor looking to sale/rent both SFRs and/or a homeowner looking to reside in 1 unit, and sell, rent or AirBNB the other. Offered AS-IS for just $120,000. The after-repaired value (ARV) as 2 separate SFR as drafted should excess $250k. Buyer due diligence is required to independently verify zoning, permitted use, ARV, etc.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1014 sq. ft. floor area
4095 sq. ft. lot size
Single-Family

Property history for 2326 Winthrop Avenue

2026
Sold
$80,000
31 Aug 2026 by Courtney Stanton, of Keller Williams Indpls Metro S

Happy sellers in Indianapolis

94%
94% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for 2 bedroom single-family properties in Indianapolis

In the last 12 months, 83 two-bedroom single-family properties similar to 2326 Winthrop Avenue, have been sold.

This represents a 21% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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