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About This Home
This 0-bedroom, 0-bathroom multi-family at 401 S Randolph Street in Indianapolis, IN is listed for $194,000. Built in 1920, on a 0.10 acres lot.
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.
Key Features
- Built in 1920
- 0.10 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,038/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
401 S Randolph Street
Indianapolis, IN 46201
No Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 401 S Randolph Street is listed at $194,000. The estimated monthly payment is $841 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.10 acre lot.
This property is listed by Kenneth Hall and can be reached at 3176177947 or kenny@livindy.co.






















