Project Spotlight: Irvington Flip – Strategic Partnership with Purpose

We’re proud to announce the launch of a new flip project in the Irvington neighborhood of Indianapolis—an exciting addition to the Steele Ventures portfolio and a powerful example of what’s possible when aligned partners work toward a shared mission.

This property marks the latest in our growing collaboration with a trusted realtor and construction partner who shares our values: revitalizing homes, uplifting communities, and delivering results with care and integrity.

Project Overview

  • Location: Irvington, Indianapolis, IN

  • Property Type: Single-family residence

  • Acquisition Method: Off-market

  • Scope: Full cosmetic and systems renovation

  • Strategy: Value-add flip for resale

The Opportunity

This home offers strong fundamentals—charm, structure, and location—with clear upside through strategic renovation. We are executing a full value-add plan, including upgrades to key mechanicals, finishes, and curb appeal. Upon resale, this home will not only bring lasting value to a new homeowner, but also contribute to the continued revitalization of one of Indianapolis’ most historic neighborhoods.

Preliminary Financial Highlights:

  • Acquisition Price: $180,000

  • Renovation Budget: $80,000

  • After Repair Value (ARV): $330,000

  • Projected Resale Timeline: 6 months

  • Target ROI (Flip): 144%

Why It Works: Partnership + Execution

Flips like this aren’t just about aesthetics—they’re about timing, trust, and alignment. Steele Ventures brings the capital strategy and market insight. Our partner brings boots-on-the-ground execution, real estate expertise, and a track record of on-time, on-budget delivery.

We believe real estate is a team sport. And when the right people come together, you don’t just move faster—you move further.

This collaboration is a model we plan to scale, and Irvington is proof of concept: a highly targeted investment backed by local expertise, shared values, and a plan to deliver.

Reinvesting in Resilience: Preparing for What’s Next

The proceeds from this project will not only deliver a strong return—they will help shore up working capital, increase liquidity, and strengthen our position for future acquisitions.

We intend to:

  • Reinvest into BRRR opportunities that generate long-term cash flow

  • Build reserves to navigate market shifts or unexpected repair needs

  • Preserve and grow Steele Ventures’ capital base responsibly

This approach reflects our commitment to stability, risk management, and sustainable growth—all key priorities for capital partners who value disciplined operators.

Our Impact Approach

At Steele Ventures, every project is about more than profit. We’re building homes that strengthen neighborhoods and reflect pride, purpose, and permanence.

We’re committed to:

  • Elevating housing standards in Indianapolis

  • Practicing responsible capital stewardship

  • Delivering strong returns to partners

  • Leaving every home better than we found it

This project in Irvington is another step forward—a sign of our growing capacity and the strength of our partnerships.

Conclusion: Flipping with Focus

We know that consistent results, clear communication, and community alignment are what lenders and capital partners value most. Irvington reflects our ability to source quality deals, execute with discipline, and create homes people are proud to live in.

As we expand our footprint in Indianapolis, we’re seeking like-minded lending partners who share our vision for scalable impact, strategic reinvestment, and long-term value creation.

Let’s build something better—together.

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

Make it stand out.

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

Make it stand out.

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

Make it stand out.

Previous
Previous

Devington

Next
Next

Mapleton Fall Creek Flip