• Property Type
  • Duplex, Residential Income
  • Sqft
  • Area Size
717 S Randolph Street, Indianapolis, IN 46203
  • $450,000
  • $450,000

Description

Great investment opportunity to own a renovated duplex on the east side of the desirable Fountain Square neighborhood. Located less than a mile from the center of Fountain Square’s vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 2 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals. Preference is to sell this duplex as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) – a total of 15 units producing high revenues.

  • Address: 717 S Randolph Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46203

Details

Updated on April 22, 2026 at 2:27 am
  • Property ID 22077873
  • Price $450,000
  • Land Area 0.07 Acres
  • Garage Size x x
  • Year Built 1920
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • County Marion
  • Property Type Residential Income
  • Architectural Style Other

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Contact Information

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Preeti Chaggar

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