717 S Randolph Street, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
717 S Randolph Street,Indianapolis, IN 46203
$450,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lisa phillips
Office: compass indiana, llc.
MLS#:22077873
Source:IN_MIBOR

Price summary

  • Price:$450,000

About this home

Great investment opportunity to own a renovated duplex on the east side of the desirable Fountain Square neighborhood. Located less than a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 2 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), 1525 Kennington (duplex with 3br/2ba townhouses)

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Home facts

  • Year built:1920
  • Listing ID #:22077873
  • Added:8 day(s) ago
  • Updated:March 08, 2026 at 02:50 PM

Structure and exterior

  • Year built:1920
  • Lot area:0.07 Acres
  • Construction Materials:Wood Siding

Utilities

  • Water:Water

Finances and disclosures

  • Price:$450,000
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