401 S Randolph Street Indianapolis, IN 46201

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Duplex • 105Y Old

$194,000

401 S Randolph Street

0.10 Acres
Property Description

Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring two 2-bed, 1-bath units, just minutes from popular Fountain Square restaurants, coffee shops, and nightlife. Each side was recently rented for $1,000/month, offering strong cash flow potential and flexibility. Live in one side and rent out the other! Recent updates include laminate flooring throughout, a 1-year-old roof, updated plumbing, and more, making this a low-maintenance addition to any portfolio. Some minor improvements remaining, offering the opportunity for your personal touch or value-add improvements. Whether you're a seasoned investor seeking solid returns or a savvy buyer looking to offset your mortgage with rental income, this property delivers both lifestyle and financial upside in one of Indy's most desirable areas.

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Property
MLS # 22069602
Date Listed 2025-10-22
Status Active
Property Type Multi-Family/Apartments
Property SubType Duplex
New Construction No
Type Duplex
Year Taxes Payable 2024
Year Built 1920
Days on Market 23
External Features
Construction Duplex
Lot Size 4,443 sq ft
Acreage 0.10 Acres
Fence None
Location
Area Marion
County Marion
Subdivision No Subdivision
Township Center
City Indianapolis
State IN
Zip 46201
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22069602
Listing Provided Courtesy of Kenneth Hall
eXp Realty, LLC
kenny@justlivindy.com

Listing updated November 20, 2025 at 5:26 pm
Last checked 8 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 401 S Randolph Street

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.