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Indianapolis, IN, 46225 • Near Southside • Marion County
Down payment assistance available
6Beds
4Baths
0.09 acLot
1910Built
Character Home
Built 1910 · 116 years of history
Woodruff Sub Morris Add
Near Southside
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Listed 40 days ago · 430 views · 17 saves
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17 saves
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40 days on market
Established listing
Multi Family · Built 1910 · Historic
Great investment opportunity to own a renovated duplex 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, 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. Currently operating as high-performing 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. Higher income potential if operated as short-term rentals. Preference is to sell this duplex 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 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues. The SFH at 1529 Kennington is the neighboring home.
Based on current rates
Est. 6.26% rate · 30yr fixed · $380,000 loan
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3 schools rated nearby
Indianapolis, IN, 46225
9 events
18 years of records
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Indianapolis, IN • Marion County
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Based on information submitted to the MLS GRID as of 2026-04-09 02:27:54 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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