2648 Stanley Ave

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2648 Stanley Avenue, Indianapolis, IN 46203

Solid investment opportunity in the Yoke Legal area of Indianapolis. This 2-bedroom, 1-bath single-family home with a garage is in decent overall condition, making it an ideal light value-add project for investors seeking strong returns without heavy rehab.

The big-ticket items are already taken care of — roof, HVAC, and water heater are all 5 years old or less, significantly reducing capital expenditure and risk. The property primarily needs minor TLC and cosmetic updates to maximize value.

With light improvements, this home offers excellent upside potential, supported by recent comparable sales reaching up to $190,000 in the surrounding area. Whether you’re looking to fix and flip or renovate and hold, this property checks the boxes for a strong ROI in a growing Indianapolis submarket.

Highlights:

2 Bed / 1 Bath

Garage included

Major mechanicals & roof ≤ 5 years old

Light cosmetic rehab

Strong ARV potential

Investor-friendly price point

Perfect for investors looking for a low-risk rehab with high upside.

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Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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