405 N Keystone Avenue, Indianapolis, IN 46201
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
405 N Keystone Avenue,Indianapolis, IN 46201
$499,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Mar 2110:00 am - 12:00 pm
- Sun, Mar 2210:00 am - 12:00 pm
Listed by: tyler willis
Office: @properties
MLS#:22088820
Source:IN_MIBOR
Price summary
- Price:$499,000
About this home
Unique opportunity to own this fully renovated duplex just minutes from Downtown Indianapolis. This true multifamily property features two large mirror-image units, each offering 3 bedrooms and 2.5 bathrooms, for a combined total of 6 bedrooms, 4 full baths, and 2 half baths. Each unit welcomes you with a covered front porch before entering bright living spaces with 9-foot ceilings, historic exposed brick, and open-concept layouts. The updated kitchens feature stainless steel appliances, soft-close cabinetry, and butcher block countertops. The main floor of each unit also includes a guest half bath and in-unit washer & dryer hookups for everyday convenience. Upstairs you'll find two spacious bedrooms with walk-in closets and a shared full bathroom, leading to a private primary suite with vaulted ceilings, a large walk-in closet, and tiled shower. Additional highlights include new LVP flooring throughout, basement storage, rear deck, fenced backyard, and split storage garage. Separate entrances and mirrored layouts make the property easy to manage and well suited for long-term rental income. Ideal for owner-occupants looking to live in one side and rent the other, or investors seeking a turnkey addition to their rental portfolio in Indianapolis's growing urban core. One unit is currently leased for $2,200/month, offering immediate income, while the second unit provides additional rental potential and the opportunity to offset your mortgage. Located just over 1.5 miles from the Bottleworks District and Mass Ave, this property offers quick access to some of Indianapolis' best dining, entertainment, and downtown amenities. The newly updated New York and Michigan Street corridors make commuting downtown easy by car, bike, or on foot....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:22088820
- Added:6 day(s) ago
- Updated:March 19, 2026 at 04:00 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement, Cellar, Storage Space, Unfinished
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1890
- Lot area:0.12 Acres
- Foundation Description:Basement Wood, Block, Crawl Space
Utilities
- Water:Water
- Sewer:Sewer
Finances and disclosures
- Price:$499,000
Features and amenities
- Amenities:Storage, Sump Pump
Parking
- Garage:Yes
- Garage spaces:2
New listings near 405 N Keystone Avenue
- New
$270,000Active2 beds 2 baths1,537 sq. ft.6212 W 29th Place, Indianapolis, IN 46224
MLS# 22055870Listed by: THE POINT IN REAL ESTATE LLC - New
$221,500Active4 beds 2 baths1,125 sq. ft.3234 Chrysler Street, Indianapolis, IN 46224
MLS# 22079195Listed by: HOME POSSIBLE REALTY LLC - New
$285,000Active3 beds 2 baths1,941 sq. ft.946 N Mitchner Avenue, Indianapolis, IN 46219
MLS# 22086933Listed by: @PROPERTIES - New
$170,000Active4 beds 2 baths1,392 sq. ft.260 N Holmes Avenue, Indianapolis, IN 46222
MLS# 22088112Listed by: F.C. TUCKER COMPANY - New
$210,000Active3 beds 2 baths1,424 sq. ft.3403 N Temple Avenue, Indianapolis, IN 46218
MLS# 22088165Listed by: F.C. TUCKER COMPANY - New
$599,900Active4 beds 4 baths2,558 sq. ft.9962 Mosaic Blue Way, Indianapolis, IN 46239
MLS# 22089750Listed by: CARPENTER, REALTORS - New
$215,000Active3 beds 2 baths1,245 sq. ft.7142 Eagle Cove North Drive, Indianapolis, IN 46254
MLS# 22089958Listed by: GARNET GROUP - New
$249,900Active3 beds 2 baths1,491 sq. ft.7437 Sedgewick Way, Indianapolis, IN 46256
MLS# 22090056Listed by: CENTURY 21 SCHEETZ - New
$110,000Active3 beds 1 baths1,064 sq. ft.1221 S Belmont Avenue, Indianapolis, IN 46221
MLS# 22090218Listed by: ASPIRE REAL ESTATE, LLC - New
$140,000Active-- beds -- baths4432 E 10th Street, Indianapolis, IN 46201
MLS# 22090259Listed by: TRIPLE E REALTY, LLC