Investor Alert | Prime opportunity in a desirable Warren Township location. Welcome to 3329 N. Downey Avenue, an urban residential area on the northeast side of Indianapolis. This 1971 ranch-style cottage is full of potential and ready for its next chapter. Featuring 3 bedrooms, 1 bathroom, and 1,008 sq ft of living space, this single-family home presents an excellent opportunity for investors or buyers ready to bring their vision to life. The home offers a classic ranch-style layout with vinyl siding and original hardwood flooring, providing a solid foundation for renovation. The property includes a gravel driveway with additional street parking, no garage, and no central air. It is conveniently located near Wes Montgomery Park, which features a playground, splash pad, walking trails, sports fields, and a covered basketball pavilion. Also nearby are a public library, IPS schools, community centers, and major roadways. With easy access to Interstate 70 and Interstate 465, commuting to downtown is simple, with close proximity to attractions like the Indianapolis Zoo, Gainbridge Fieldhouse, and Lucas Oil Stadium. This is a cash-only, as-is sale. The home requires repairs and updates, making it ideal for an investor-ready renovation project. Whether you're planning your next flip, rental, or long-term hold, this property offers strong potential upside and is ready to become someone's next great project.