29 E Palmer Street, Indianapolis, IN 46225
  • $369,000
  • $369,000

Description

Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you’ll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches. The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you’re looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.

  • Address: 29 E Palmer Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46225

Details

Updated on November 12, 2025 at 10:10 pm
  • Property ID 22070271
  • Price $369,000
  • Property Size 2520 Sqft
  • Land Area 0.17 Acres
  • Bedrooms 5
  • Rooms 5
  • Bathrooms 4
  • Garages 2
  • Garage Size x x
  • Year Built 1890
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Utilities Electricity Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential
  • Parking Alley Access,Attached,Carport
  • Architectural Style Contemporary,Ranch

Features

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Contact Information

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Preeti Chaggar

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