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$229,900 -

1126 Union Street Indianapolis IN 46225

4
Bedrooms
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside!

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Property Details

Price: $229,900 Previously: $229,900 Originally: $229,900 Bedrooms: 4 Bathrooms: 3.50 MLS #: 22072537 Year Built: 1920 Township: Center Sq. Ft Total: 2,456 Type: Residential Zip Code: 46225 City: Indianapolis Subdivision: Mc Cartys Subdivision County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: None
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Porch: Covered
  • # Acres: 0.17

Listing Office: Keller Williams Indpls Metro N

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on December 14th, 2025 at 12:55am EST.

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