1218 Union Street, Indianapolis, IN 46225

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1218 Union Street,Indianapolis, IN 46225
$197,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:leyton wellbaum
Office:highgarden real estate
MLS#:22067339
Source:IN_MIBOR

Price summary

  • Price:$197,000

About this home

Discover an incredible investment or house hacking opportunity in the heart of Indy's Old Southside, just steps from everything downtown has to offer. This 7-bedroom, 4-bath single-family home is ideally situated less than a mile from Lucas Oil Stadium, a half mile from Eli Lilly's corporate offices, one mile from the Indiana Convention Center, and just minutes from major employers and attractions like White River Gardens Concert Venue, IU Health and Riley Hospital, Eskenazi Hospital, and I-70 for easy access. The property is also only 15 minutes from Indianapolis International Airport, making it a prime location for short-term rental guests. Airbnb rates in the area range from $36 to $187 per night in the winter season, giving investors strong income potential. The home features a flexible layout with 3 bedrooms and 2 baths downstairs and 4 bedrooms and 2 baths upstairs, along with two kitchens and two laundry areas-ideal for co-living, Airbnb, or creating separate rentable spaces.

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Home facts

  • Year built:1940
  • Listing ID #:22067339
  • Added:1 day(s) ago
  • Updated:October 09, 2025 at 11:41 PM

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Roof:Asphalt
  • Year built:1940
  • Lot area:0.07 Acres

Finances and disclosures

  • Price:$197,000
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