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$975,000 -

545 Fletcher Avenue Indianapolis IN 46203

5
Bedrooms
5
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Welcome to 545 & 547 Fletcher Avenue - a rare opportunity to own two fully finished homes in the heart of downtown Indy. This turnkey property includes a stunning 3-bed, 2.5-bath main home with thoughtfully designed built-in bunks, perfect for guests or added sleeping capacity, along with a brand-new 2-bed, 2.5-bath carriage house offering complete privacy and flexibility for short-term rental or extended stay use. Whether you're seeking a stylish personal residence with bonus income potential or a pure investment play, this one checks all the boxes. Just a short walk to Lucas Oil Stadium, Gainbridge Fieldhouse, and the buzzing Fountain Square district, you or your guests will have front-row access to the city's best events, nightlife, and dining. Currently operating as a successful Airbnb, this property boasts a competitive cap rate with room to push even higher through optimization and dynamic pricing. The layout and design are ideal for hosting, with open-concept living, premium finishes, and a warm, modern aesthetic throughout both homes. Every corner has been carefully crafted for comfort, functionality, and that "wow" factor. This is more than a home-it's a lifestyle asset in one of Indy's most vibrant urban neighborhoods. Reach out today to schedule a private tour and explore the potential firsthand.

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Property Details

Price: $975,000 Previously: $975,000 Originally: $975,000 Bedrooms: 5 Bathrooms: 5.00 MLS #: 22046208 Year Built: 1900 Township: Center Sq. Ft Total: 3,585 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Fletcher County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Convection Oven, Gas Oven, Range Hood, Refrigerator, Bar Fridge
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Features: Carriage/Guest House
  • Setting / Lot Description: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Porch: Covered, Deck
  • # Acres: 0.12

Listing Office: Ever Real Estate, Llc

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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 December 15th, 2025 at 9:40am EST.

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