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$549,500 -

262 W Ray Street Indianapolis IN 46225

9
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.11
Acres

Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the city's energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stone's throw from your doorstep. With nine generously sized bedrooms, this home is designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in today's market! Don't miss this chance to own this rarity in one of the city's most coveted locations.

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Property Details

Price: $549,500 Previously: $549,500 Originally: $549,500 Bedrooms: 9 Bathrooms: 3.00 MLS #: 22041977 Year Built: 1919 Township: Center Sq. Ft Total: 3,552 Type: Residential Zip Code: 46225 City: Indianapolis Subdivision: Fulmers Resub County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, ENERGY STAR Qualified Water Heater
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Gas Grill
  • Setting / Lot Description: Corner Lot, Not In Subdivision, Mature Trees
  • Porch: Covered, Wrap Around
  • # Acres: 0.11

Listing Office: Encore Sotheby's International

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 10th, 2025 at 12:12pm EDT.

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