Description

Prime Investment Package in Indianapolis’ Historic Old Northside | 1340 N Park Ave & 517 E 14th St Indianapolis, IN. Located in the heart of the historic Old Northside, this unique investment opportunity includes a fully leased luxury 5-unit condominium building at 1340 N Park Ave and a beautifully renovated single-family Airbnb at 517 E 14th St. This portfolio offers a rare blend of stable rental income and short-term rental upside, all within close proximity of the city’s most vibrant destinations. 1340 N Park Ave | This meticulously maintained property features five spacious 2-bedroom, 2-bathroom condos, each outfitted with modern finishes and in-unit laundry hookups. With contemporary layouts and luxury touches throughout, these condos are ideal for professionals seeking high-end urban living. Fully occupied with long-term tenants. Penthouse unit includes a private rooftop deck with sweeping city views. Off street/assigned parking. 517 E 14th St | Located in the rear of the property, this standalone single-family home is currently operating as a successful Airbnb, offering flexibility and additional revenue potential. The property includes: 2 bedrooms, 2 full baths, 1 half bath, an attached garage for off-street parking, and a private rooftop deck, perfect for guests with views of downtown. Located on a quiet street, yet close to downtown action. Situated just a few blocks from Mass Ave, Bottleworks District, the YMCA, and countless restaurants, bars, and shops, this portfolio sits in one of Indianapolis’ most sought-after neighborhoods. The Old Northside offers charm, character, and convenience-all wrapped in a walkable, culturally rich setting. This offering is perfect for investors looking for turn-key properties with historic charm, modern amenities, and strong income potential in a high-demand area.