CALLING ALL INVESTORS AND REHABBERS!! 520 N Dearborn St presents a compelling fix-and-flip opportunity in Rivoli Park on Indianapolis' near east side. Situated on a quiet residential street just beyond an active revitalization zone, this property is positioned directly in the path of progress as redevelopment continues to expand into the surrounding area. This 2-story home offers 3 bedrooms, 1 full bath, 1,586 sq ft of living space, plus a 742 sq ft unfinished basement. The interior is in major disrepair and will require extensive renovation, while the exterior is in comparatively good condition and could benefit from a cosmetic facelift to maximize curb appeal and ARV. The main level features a spacious living room, large formal dining room, eat-in kitchen with breakfast nook, and a semi-open circular layout that could potentially be reconfigured into an impressive open-concept floor plan. The main-level laundry room may also offer potential for conversion to a half bath. Upstairs are all 3 bedrooms and the full bathroom. Much of the original woodwork remains, including baseboards and door/window trim, providing character worth preserving. Renovated properly, potential ARV could approach $250K! Priced for a quick sale. Cash or hard money only; no seller or creative financing. Priority will be given to offers able to close by 10/30.

Listing courtesy of Keller Williams Indpls Metro N (317) 450-9202



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. 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 is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-10-12 03:33 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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