923 Spruce Street

Indianapolis, IN 46203

About this property

STOP RIGHT HERE & check out this deal: 1 existing 2BR1BA house with garage + one vacant, developable lot - both for one low price - on a good-lookin' street, in Indy's hottest neighborhood. Numerous newly-built homes nearby provide credibility to rehab the house and/or redevelop this corner with confidence. Take advantage of the historic character & hardwood floors present in this petite but habitable house to bring it back to life as an efficient home or desirable addition to any rental portfolio. Consider taking it down & building something new & magnificent on both lots! What about splitting off the second lot & selling it for profit? ($60k+/- value) The possibilities are here for you to make it your own. Whether you're an owner occupant looking for a deal to rehab, or an investor, looking to unlock a new cash cow, or a builder looking for two precious lots in Fountain Square, there is abundant potential here and so many different ways you could make this property into whatever you need it to be.

Date Listed
September 29th, 2026
Listing Status
Active
MLS#
22128847
Lot Size
0.15
Property Type
Residential
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$165,000 Active
2 Beds
1 Bath
1,060 SQFT

Presented By Jennifer Blandford

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phone 317-847-2695
License ID: RB14029201-Indiana
Brokerage
Carpenter, REALTORS®
(317) 873-5554
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