1629/1631 Carrollton Avenue Indianapolis, IN 46202

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Traditional • 125Y Old

$600,000

1629/1631 Carrollton Avenue

0.09 Acres
Property Description

A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and comfortable living spaces. Separate laundry rooms in each unit provide additional convenience, making extended stays a breeze. Enjoy Indiana's four seasons on the welcoming front porch, ideal for relaxing or greeting neighbors in this walkable community. Parking is included, a valuable amenity in this sought-after location just minutes from downtown, the Monon Trail, and popular dining and cultural attractions. Property value continues to appreciate with new construction, amenities and attractions being added each month. Whether you're looking to expand your short-term rental portfolio or reside in one unit while generating income from the other, this turnkey property provides a fully operational, revenue-ready investment in one of Indy's most desirable neighborhoods.

Directions

From College Avenue, turn east on 17th Street, south on Carrollton Avenue. Follow to home on east side of the street...note that street parking is widely available on the east side of the road.

Map to 1629/1631 Carrollton Avenue, Indianapolis, IN 46202

Property
MLS # 22053729
Date Listed 2025-08-03
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Style Traditional
Type Duplex
Year Taxes Payable 2024
Year Built 1900
Days on Market 125
Additional
Design Traditional
Cooling Central Air
Heating Forced Air
External Features
Construction Duplex
Lot Size 4,050 sq ft
Acreage 0.09 Acres
Fence None
Location
Area Marion
County Marion
Subdivision Fiscus Sub Johnson
Township Center
City Indianapolis
State IN
Zip 46202
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22053729
Listing Provided Courtesy of Allison Steck
Compass Indiana, LLC
allison.steck@compass.com

Listing updated August 5, 2025 at 5:39 pm
Last checked 23 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 1629/1631 Carrollton Avenue

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.