$600,000
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.
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.
| 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 |
| Design | Traditional |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air |
| Construction | Duplex |
|---|---|
| Lot Size | 4,050 sq ft |
| Acreage | 0.09 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Fiscus Sub Johnson |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46202 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22053729
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.
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