401 S Randolph Street, Indianapolis, IN 46201
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
401 S Randolph Street,Indianapolis, IN 46201
$199,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:kenneth hall
Office:just liv, llc.
MLS#:22033530
Source:IN_MIBOR
Price summary
- Price:$199,999
About this home
Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with strong rental demand, this property sits near major employers, local shops, and vibrant dining and entertainment. With low maintenance needs and professional management already in place, this is an ideal entry point for new investors looking for stable income and long-term upside in a growing market. Major improvements have been made including a new roof in 2024. Don't miss your chance to own a turnkey asset! Currently tenant occupied, please do not disturb.
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Home facts
- Year built:1920
- Listing ID #:22033530
- Added:160 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Heating and cooling
- Cooling:Central Electric
Structure and exterior
- Year built:1920
- Lot area:0.1 Acres
Finances and disclosures
- Price:$199,999
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