Investor's Dream in Fountain Square! Don't miss this fantastic duplex opportunity in the highly sought-after Fountain Square neighborhood, less than a mile from all the amenities in Fountain Square and just minutes to downtown Indianapolis! Each side offers two bedrooms, one bath, and approximately 1196 square feet of living space on the main floor & upper level, with additional potential in the basement (596 SF) and large garage (storage). This property boasts incredible potential for investors or owner-occupants looking to offset their mortgage by renting out the second unit. The prime location ensures strong rental demand, while nearby amenities, dining, and entertainment add to its appeal. Bring your vision and creativity- this property is ready for updates to unlock its full potential. Whether you're looking for a long-term rental or a short-term Airbnb opportunity, the possibilities are endless! Seize this chance to invest in one of Indy's most vibrant and sought-after communities. Schedule your showing today!
Discover the charm and opportunity of this downtown treasure, ideally located near the lively Bates Hendricks. Just a short walk from fantastic restaurants, unique shops, and bustling entertainment, this property is a prime choice for those seeking an investment or a welcoming place to call home. The home features three generously sized bedrooms upstairs and a full bathroom. The eat-in kitchen comes with a pantry, providing ample storage, while the hardwood floors throughout the main living areas. Outside, the fully fenced yard offers plenty of space for pets or gardening. The detached garage provides extra storage or workspace, and the covered front porch is the perfect spot to enjoy your morning coffee. With its mix of historical character and a location that's close to everything Bates Hendricks has to offer, this property holds incredible potential. Don't miss the opportunity !Schedule your tour today and imagine the possibilities!
This fully renovated luxury duplex is a rare gem, perfectly situated between the vibrant neighborhoods of Bates-Hendricks, Fletcher Place, and Fountain Square. Ideal for a house hacker, long-term investor, or Airbnb host, this property offers exceptional versatility and value. Each spacious unit boasts 3 large bedrooms, 2 bathrooms, and an open-concept living area that flows seamlessly into a sleek, kitchen, designed for both comfort and entertaining. Every inch of this duplex has been meticulously updated with brand-new finishes and stylish touches. Located in one of the most sought-after areas of town, it offers convenience-walk or bike to Eli Lilly, explore nearby downtown hotspots, or hop on the highway within minutes for an effortless commute. Whether you're looking to live in one unit and rent out the other or capitalize on short-term rental opportunities, this property is a true investment goldmine. With cutting-edge renovations and prime location appeal, this duplex presents a unique opportunity to combine modern living with smart financial planning. Schedule your showing today and see why this property is the perfect blend of style, location, and investment potential!
Discover this solid investment opportunity with this charming Craftsman-style duplex, ideally situated between Garfield Park and Fountain Square-two of Indy's most vibrant neighborhoods. Each unit features 3 bedrooms and 1 bath, offering spacious living areas filled with character. With just modest updates needed, this property provides an excellent chance to add your personal touch and maximize its appeal. Enjoy the convenience of being close to popular restaurants, parks, and scenic trails, making it an attractive location for renters. The area is rapidly developing, bringing a sense of excitement and growth to the community, and ensuring a steady pool of potential tenants eager to move in. This property includes a two-car garage, plus a generous third bay perfect for extra storage or a workshop. The anticipated rental income positions this duplex to deliver positive cash flow, making it a smart addition to any portfolio. To sweeten the deal, the seller is open to offering a generous credit for appliances with reasonable offers. Don't miss out on this opportunity to invest in an up-and-coming area with strong income potential.
This exceptional investment opportunity presents a fully occupied triplex in the Garfield Park vicinity. The property boasts a steady stream of rental income, with tenants currently contributing a total of $3,016 per month. While the owner covers all utility expenses, the property offers potential for expanding your real estate portfolio. Don't miss this chance to acquire a this asset.
Welcome to this meticulously maintained duplex in the dynamic neighborhood of Fountain Square, just a stone's throw from Downtown Indianapolis. Presenting a remarkable opportunity for both savvy investors and those looking to dip their toes into the real estate market while offsetting living expenses. This property has been successfully utilized as both a short-term and mid-term rental, demonstrating a robust history of consistent revenue generation. With its dual-unit configuration, investors can continue to leverage its income-producing potential across different rental markets, enhancing both flexibility and financial returns. It's an deal live-in investment for those considering an owner-occupant approach, this duplex offers an optimal solution. Reside in one unit and rent out the other to help cover mortgage costs, effectively reducing living expenses while building equity in a thriving market. Key Features Include: Contemporary kitchens in each unit, complete with all the modern conveniences needed for a turnkey operation. Generously sized living spaces designed to ensure comfort and appeal in the rental market. Strategic separation between units to ensure privacy and tenant satisfaction. This property is located perfectly for growth and convenience situated minutes from downtown, tenants or homeowners can enjoy easy access to Indianapolis's top attractions, culinary hotspots, and retail options. Fountain Square itself is renowned for its vibrant arts scene and community-centric events, boosting the locale's desirability and rental appeal. Don't miss out on this dual-purpose property, ideal for those aiming to invest in a lively area with proven demand and growth potential. A perfect starter investment or a smart addition to your portfolio, ready to generate income from day one.
This beautifully remodeled 3-bedroom, 2-bath duplex in the sought-after Bates-Hendricks neighborhood offers the perfect blend of comfort and style is perfect for your investment portfolio. One side currently rented annually, and the other is leased as a short term rental, it creates instant passive income. Just minutes from downtown Indy and Fountain Square, it's the ideal opportunity. With brand-new electrical, plumbing, appliances, an electric fireplace, and a sleek tiled shower, the home is completely remodeled and will provide peace of mind for your investment for many years to come.
The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana 46203 has a population of 880,104. Indianapolis 46203 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana 46203 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46203 is 34.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.