# 1701 Fletcher Avenue, Indianapolis, IN 46203

> **TL;DR:** multi-family, $334,900, built 1900.
> Basement. Est. $1,451/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $334,900 |
| Year Built | 1900 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Property Type | Multi-Family (Triplex) |
| Status | For Sale |
| Days on Market | 15 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,451 |
| **Total** | **$1,451** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1900
- 0.09 acre lot

## Description

### Agent Description
Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential.    Each of the three units has been recently updated (2018-2019), making this a true turnkey investment. Whether you're looking to expand your portfolio or start fresh in real estate investing, the cash flow potential is here. With Fountain Square continuing to grow as one of the city's most desirable neighborhoods which should afford continued rent and value appreciation with an already 7% cap rate, which is excellent for a prime area.     Don't let this opportunity slip away-multi family in prime locations like this are few and far between!

## Location

- **Address:** 1701 Fletcher Avenue, Indianapolis, IN 46203
- **County:** Marion
- **Neighborhood:** Caven & Rockwood
- **Coordinates:** 39.757703, -86.13051
- **Google Maps:** https://www.google.com/maps?q=39.757703,-86.13051

## Listing Agent

- **Name:** Bernard Goodman
- **Brokerage:** Compass Indiana, LLC
- **Phone:** 3173408337
- **Email:** Bernie.Goodman@compass.com

## Primary Photo

![1701 Fletcher Avenue - Primary Photo](http://lh.rdcpix.com/ffb9d0070e424321c3f084c945f30877l-f3310188099r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/1701-fletcher-avenue-indianapolis-in-46203-22088919)*

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**MLS#:** 22088919 | **Updated:** 2026-04-25
**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/1701-fletcher-avenue-indianapolis-in-46203-22088919)

---

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