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Listed by Lisa Phillips • Compass Indiana, LLC
$ 475,000
Est. payment | /mo
3,920 Sqft Lot
$ 475,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Woodruff Sub Morris Add
MLS Listing ID 22105962
Year Built 1910
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Duplex
Property Description
Great investment opportunity to own a renovated duplex in the Bates Hendricks neighborhood. Currently operating as high-performing 4.9-star airbnb mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 3 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas. Higher income potential if operated as short-term rentals.
Location
State IN
County Marion
Interior
Fireplace N
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
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