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Indianapolis, IN, 46225 • Near Southside • Marion County
$256/sqft
Down payment assistance available
2Beds
1Baths
780Sqft
0.1 acLot
1956Built
Bungalow Style
Built 1956 · 70 years of history
Franks Sub Woodruffs Sub B F Morris
Near Southside
Outdoor Living
Covered
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Listed 40 days ago · 208 views · 6 saves
Demand and pricing signals for this listing
208 views
People checking out this listing
6 saves
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40 days on market
Established listing
$256/sqft
Price per square foot
Single Family · Built 1956
Welcome to a beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. 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, this home was rebuilt with quality, comfort, and modern living in mind. Currently operating as high-performing mid-term furnished rental and corporate housing (1 to 6 month stays) with high ROI, this property can be used as a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rental. Preference is to sell this home as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses) and 1525 Kennington (duplex with 3br/2ba townhouses) - a total of 15 units producing high revenues. The duplex at 1525 Kennington is the neighboring property to this home.
Based on current rates
Est. 6.88% rate · 30yr fixed · $160,000 loan
Full calculator →Key facts and listing details
7 categories of property features
4 rooms detailed
Master Bedroom
MainBedroom2
MainKitchen
MainLiving Room
MainMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46225
7 events
16 years of records
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
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Based on information submitted to the MLS GRID as of 2026-04-08 10:57:56 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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