1148 Olive Street, Indianapolis, IN 46203
  • $475,000
  • $489,000

Description

Prime turn-key investment opportunity in the heart of Fountain Square! Steps to Indy’s most popular restaurants, bars, breweries, and entertainment. Located close to downtown, IU Health, Methodist Hospital, and more, providing the perfect rental opportunities. Purchase as an entire investment, renting both sides for profitability. Or, live in one side, and rent out the other, allowing a majority of the mortgage to be paid by others. Updated thoughtfully throughout, offering 2 bedrooms/2.5 bathrooms per side, with each bedroom being an ensuite with attached, private full bathroom. Additional ample living spaces throughout, with convenient laundry closet and hookups on the main floor, and an unfinished partial basement per side for plenty of storage. Truly the perfect balance of privacy, community, and versatility. Deep yard space with the potential for off-street parking, future garage, or future accessory dwelling unit allow for convenience and potential. Enjoy an HOA-free investment, offering the ability for short-term rentals, long-term rentals, or house-hacking. With Fountain Square fun practically in your backyard, the opportunities and potential are endless!

  • Address: 1148 Olive Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46203
  • Area: No Subdivision

Details

Updated on May 3, 2025 at 10:55 pm
  • Property ID 22018912
  • Price $475,000
  • Land Area 0.13 Acres
  • Garage Size x x
  • Year Built 1931
  • Property Type Duplex, Residential Income
  • Property Status Closed

Additional details

  • Heating Forced Air
  • County Marion
  • Property Type Residential Income
  • Parking Alley Access

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Preeti Chaggar

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