7438 Gordon Way

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🔥 Indianapolis Flip Deal | Low Rehab | High Layout Upside 🔥

Address: 7438 Gordon Way, Indianapolis, IN 46237

Property Overview

Clean 3-bed, 2.5-bath tri-level home offering 1,630 sq ft with bonus office + finished lower level—giving potential for a 4–5 bedroom layout. This is a light cosmetic flip with strong upside in a high-demand Indy pocket.

Key Features

• 3 Beds / 2.5 Baths + Office
• 1,630 Sq Ft
• Tri-level layout
• Finished lower level (adds usable space)
• 0.31 Acre Lot
• Fenced backyard
• Garage
• Vacant

Condition & Systems

• Furnace, A/C, Water Heater: ~3 years old
• Roof: Dimensional shingles (4–10 yrs)
• Foundation: Excellent
• Floors: Level
• Kitchen already opened up (modern layout)
• Needs: paint, flooring, finishes, cosmetic upgrades

Value-Add Opportunity

• Convert to 4–5 bedroom layout for higher resale
• Upgrade finishes to retail standard
• Maximize lower level for added living space

Investment Highlights

• Major systems already updated = low capex risk
• Cosmetic rehab = faster turnaround
• Strong curb appeal (brick/vinyl exterior)
• Ideal for fix & flip or high-rent strategy

Deal Potential

• Flip into higher price tier with added bedrooms
• Rental with strong cash flow due to larger layout
• Opportunity to force significant equity with minimal heavy work

⚡ Clean Indy flips with updated systems and layout upside don’t last — move fast
 

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