3445 Graceland Avenue, Indianapolis, IN 46208

This home in Crown Hill is a great value-add opportunity-whether you're a first-time homebuyer ready to build sweat equity or an investor expanding your rental portfolio. Currently occupied by an at-will tenant paying $800/month, it offers immediate income with upside potential through upgrades and rent growth. Ideally located with quick access to Downtown Indy, Newfields, Butler University, and major transit routes, this property sits in a high-demand area with strong rental potential. With solid bones and neighborhood momentum, it's a prime candidate for strategic renovation or long-term hold.