1701 Fletcher Avenue, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1701 Fletcher Avenue,Indianapolis, IN 46203
$334,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bernard goodman
Office: compass indiana, llc.
MLS#:22088919
Source:IN_MIBOR

Price summary

  • Price:$334,900

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:22088919
  • Added:3 day(s) ago
  • Updated:March 30, 2026 at 02:49 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Partial, Unfinished

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Lot area:0.09 Acres
  • Foundation Description:Block, Crawl Space

Utilities

  • Water:Water

Finances and disclosures

  • Price:$334,900

Parking

  • Carport spaces:3
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 1701 Fletcher Avenue