# 401 S Randolph Street, Indianapolis, IN 46201

> **TL;DR:** multi-family, $194,000, built 1920.
> Basement. Est. $841/mo. Listed 170 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $194,000 |
| Year Built | 1920 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 170 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $841 |
| **Total** | **$841** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1920
- 0.10 acre lot

## Description

### Agent 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.

## Location

- **Address:** 401 S Randolph Street, Indianapolis, IN 46201
- **County:** Marion
- **Neighborhood:** No Subdivision
- **Coordinates:** 39.760762, -86.128303
- **Google Maps:** https://www.google.com/maps?q=39.760762,-86.128303

## Listing Agent

- **Name:** Kenneth Hall
- **Brokerage:** eXp Realty, LLC
- **Phone:** 3176177947
- **Email:** kenny@livindy.co

## Primary Photo

![401 S Randolph Street - Primary Photo](http://lh.rdcpix.com/380361f08640c81253bc18a2661ff212l-f1618550838r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/401-s-randolph-street-indianapolis-in-46201-22069602)*

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**MLS#:** 22069602 | **Updated:** 2026-04-27
**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/401-s-randolph-street-indianapolis-in-46201-22069602)

---

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