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Indianapolis, IN, 46203 • Fountain Square • Marion County
Down payment assistance available
6Beds
3Baths
0.09 acLot
1900Built
Traditional Style
Built 1900 · 126 years of history
Caven & Rockwood
Fountain Square
This home is getting attention
Listed 13 days ago · 1,048 views · 73 saves
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1,048 views
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73 saves
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13 days on market
Recently listed
This home ranks in the top 31% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1900 · Historic
Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential. Each of the three units has been recently updated (2018-2019), making this a true turnkey investment. Whether you're looking to expand your portfolio or start fresh in real estate investing, the cash flow potential is here. With Fountain Square continuing to grow as one of the city's most desirable neighborhoods which should afford continued rent and value appreciation with an already 7% cap rate, which is excellent for a prime area. Don't let this opportunity slip away-multi family in prime locations like this are few and far between!
Based on current rates
Est. 6.26% rate · 30yr fixed · $267,920 loan
Full calculator →Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Indianapolis, IN, 46203
16 events
17 years of records
Local context around this listing
Indianapolis, IN • Marion County
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Based on information submitted to the MLS GRID as of 2026-04-08 16:13:03 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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