2109 E 71st St

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🔥 Indianapolis Prime Area Deal | 4 Bed | Low Rehab | $90K+ Spread 🔥

Address: 2109 E 71st St, Indianapolis, IN 46220
Price: $206,900 (or best offer)
ARV: ~$300,000+
Rent: ~$2,200/month

Property Overview

Well-located 4-bed, 1.5-bath home offering 1,680 sq ft on a large 13,634 sq ft lot. This is a light rehab opportunity in a desirable Indianapolis pocket—ideal for both flip and rental strategies.

Key Features

• 4 Beds / 1.5 Baths
• 1,680 Sq Ft
• Full Basement
• 1-Car Garage
• Large Lot (0.31 acres)
• Built in 1953
• Vacant at closing

Condition & Systems

• Light rehab required
• Roof: 4–10 years
• Furnace: 6–10 years
• Central A/C
• Foundation: Unknown (verify)
• Solid layout with strong resale appeal

Investment Highlights

• ~$90K+ spread to ARV
• Strong rental demand (~$2,200/month)
• 4-bedroom layout in desirable area
• Large lot adds premium value
• Ideal for fix & flip or buy-and-hold

Deal Potential

• Flip into the ~$290K–$320K range
• Rental with strong cash flow
• Opportunity to force appreciation with cosmetic updates

Deal Terms

• Cash Price: $206,900 OBO
• Land Contract Option: $299K with $42K down
• Walkthrough: 06/01/2026
• Offer Deadline: 06/02/2026
• COE: 08/28/2026

⚡ Indy deals in this location with 4 beds and strong upside don’t last — submit your offer fast
 

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Resources:

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