1531 N Downey Avenue, Indianapolis, IN 46219

$205,000
: 4
BD
: 2
BA
: 2,388
SqFt

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List Price: $205,000
Price Change: ▼ $15,000 1787257831
MLS#: 22118137
Property Type: Residential
Bedrooms: 4
Bathrooms: 2
Sqft. of Residence: 2,388
Year Built: 1955
Days on Market: 35
Status: ACTIVE

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Property Description

Priced to sell! Welcome to 1531 N Downey Ave, a solid all-brick home offering an exceptional opportunity to build equity in one of Indianapolis' growing east-side neighborhoods. Conveniently located just minutes from Community Hospital East, Irvington, shopping, dining, and commuter routes, this home is ideal for buyers looking for space, value, and long-term potential. This 4-bedroom, 2-bathroom home also features an additional bedroom in the basement, providing flexibility for a growing family, home office, guest suite, or rental opportunity. The main level offers a spacious living room with a wood-burning fireplace, while the kitchen is equipped with granite countertops, stainless steel appliances, a wine cooler, and an included washer and dryer. Downstairs, the partially finished basement adds substantial square footage and includes a full bathroom, offering incredible potential to expand the finished living space and further increase the home's value. Whether you're an owner-occupant looking to personalize your next home or an investor seeking a value-add opportunity, this property offers multiple paths to success. With great bones, a desirable brick exterior, and room to add your own finishing touches, 1531 N Downey Ave is your chance to walk into significant equity at an attractive price. Don't miss this opportunity to unlock this home's full potential.

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