401 S Randolph ST new

Indianapolis,IN 46201

$ 199000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22069602

Year Built 1920

Tax Year 2024

Lot Size 4,356 Sqft

Property Sub-Type Duplex

Property Description

Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring two 2-bed, 1-bath units, just minutes from popular Fountain Square restaurants, coffee shops, and nightlife. Each side was recently rented for $1,100/month, offering strong cash flow potential and flexibility. Live in one side and rent out the other! Recent updates include laminate flooring throughout, a 1-year-old roof, updated plumbing, and more, making this a low-maintenance addition to any portfolio. Some minor improvements remaining, offering the opportunity for your personal touch or value-add improvements. Whether you're a seasoned investor seeking solid returns or a savvy buyer looking to offset your mortgage with rental income, this property delivers both lifestyle and financial upside in one of Indy's most desirable areas.

Location

State IN

County Marion

Building

New Construction false

Schools

School District Indianapolis Public Schools

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