# 1305 Ringgold Avenue, Indianapolis, IN 46203

> **TL;DR:** multi-family, $850,000, built 1920. Est. $3,683/mo. Listed 106 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $850,000 |
| Year Built | 1920 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 106 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,683 |
| **Total** | **$3,683** |

## Property Highlights

- Built in 1920
- 0.10 acre lot

## Description

### Agent Description
Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood. Perfectly positioned on a quiet and residential street just two blocks from Fountain Square's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. Completely transformed through an extensive gut renovation, this property was rebuilt with quality, comfort, and modern living in mind. Each side of the duplex is a 2-story townhouse with 3 bedrooms and 3.5 bathrooms and provides ideal separation between living and sleeping areas as well as an abundance of bathrooms for convenience for residents and guests alike. Additional highlights include 4 dedicated parking spaces created at the rear of the property. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with exceptional revenue, 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), 717 S Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues.

## Location

- **Address:** 1305 Ringgold Avenue, Indianapolis, IN 46203
- **County:** Marion
- **Neighborhood:** Fountain Square
- **Coordinates:** 39.74975, -86.141598
- **Google Maps:** https://www.google.com/maps?q=39.74975,-86.141598

## Listing Agent

- **Name:** Lisa Phillips
- **Brokerage:** Compass Indiana, LLC
- **Phone:** 3172199277
- **Email:** lisa.phillips@compass.com

## Primary Photo

![1305 Ringgold Avenue - Primary Photo](http://lh.rdcpix.com/3a13f36435fc1ec210095a97c12ccb49l-f841885691r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/1305-ringgold-avenue-indianapolis-in-46203-22077875)*

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**MLS#:** 22077875 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1305-ringgold-avenue-indianapolis-in-46203-22077875)

---

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