545 Fletcher Avenue, Indianapolis, IN 46203
  • $975,000
  • $975,000

Description

Welcome to 545 & 547 Fletcher Avenue – a rare opportunity to own two fully finished homes in the heart of downtown Indy. This turnkey property includes a stunning 3-bed, 2.5-bath main home with thoughtfully designed built-in bunks, perfect for guests or added sleeping capacity, along with a brand-new 2-bed, 2.5-bath carriage house offering complete privacy and flexibility for short-term rental or extended stay use. Whether you’re seeking a stylish personal residence with bonus income potential or a pure investment play, this one checks all the boxes. Just a short walk to Lucas Oil Stadium, Gainbridge Fieldhouse, and the buzzing Fountain Square district, you or your guests will have front-row access to the city’s best events, nightlife, and dining. Currently operating as a successful Airbnb, this property boasts a competitive cap rate with room to push even higher through optimization and dynamic pricing. The layout and design are ideal for hosting, with open-concept living, premium finishes, and a warm, modern aesthetic throughout both homes. Every corner has been carefully crafted for comfort, functionality, and that “wow” factor. This is more than a home-it’s a lifestyle asset in one of Indy’s most vibrant urban neighborhoods. Reach out today to schedule a private tour and explore the potential firsthand.

  • Address: 545 Fletcher Avenue
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46203
  • Area: Fletcher

Details

Updated on December 21, 2025 at 6:06 am
  • Property ID 22046208
  • Price $975,000
  • Property Size 3585 Sqft
  • Land Area 0.12 Acres
  • Bedrooms 5
  • Rooms 16
  • Bathrooms 6
  • Garages 2
  • Garage Size x x
  • Year Built 1900
  • Property Type Single Family Residence, Residential
  • Property Status Expired

Additional details

  • Utilities Cable Available,Natural Gas Connected
  • Cooling Central Air
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential
  • Parking Detached,Garage Faces Rear,Storage,Workshop in Garage
  • Architectural Style Victorian

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Preeti Chaggar

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