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About This Home
This 5-bedroom, 4-bathroom single family at 29 E Palmer Street in Indianapolis, IN is listed for $369,000 ($176 per sqft). Built in 1890, the home offers 2,100 sqft of living space on a 0.17 acres lot.
Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer.
Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you'll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches.
The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you're looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.
Key Features
- Built in 1890
- 0.17 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,973/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
29 E Palmer Street
Indianapolis, IN 46225
James Franks S Meridian Street Add
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom single family at 29 E Palmer Street is listed at $369,000 ($176/sqft). The estimated monthly payment is $1,599 based on 20% down at 6.5% interest.
Key features include: Built in 1890, 0.17 acre lot. Interior Features: Breakfast Bar.
This property is listed by Gabriela Gonzalez and can be reached at 3177773404 or ggonzalez@highgarden.com.