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About This Home
This 0-bedroom, 0-bathroom multi-family at 717 S Randolph Street in Indianapolis, IN is listed for $450,000. Built in 1920, on a 0.07 acres lot.
Great investment opportunity to own a renovated duplex on the east side of the desirable Fountain Square neighborhood. Located less than a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 2 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas.
Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, 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), 1305 Ringgold (duplex with 3br/3.5ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues.
Key Features
- Built in 1920
- 0.07 acre lot
Property Details
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
717 S Randolph Street
Indianapolis, IN 46203
Caven & Rockwood
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 717 S Randolph Street is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.07 acre lot.
This property is listed by Lisa Phillips and can be reached at 3172199277 or lisa.phillips@compass.com.














