Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$419,000 -

2329 Shelby Street Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.26
Acres

Here's your chance to have it all-a beautifully renovated property offering both residential and commercial possibilities in the heart of one of Indianapolis's most exciting neighborhoods. The first floor features a wide-open, light-filled layout previously home to a yoga studio, ideal for retail, professional services, or creative offices. Its prime visibility, easy access to I-65, and proximity to Downtown Indianapolis make it an outstanding choice for a business seeking convenience and exposure. Upstairs, the second floor has been transformed into a stylish two-bedroom apartment, currently operating as a successful short-term rental with a lease in place through early December 2025. With its modern finishes, private entrance, and proven rental history, it offers immediate income potential or the flexibility to create a true live/work environment. Recent high-quality renovations have elevated this property into a turnkey investment-a space where you can both live and build your business with ease. The building includes a welcoming reception area, two large rooms, a kitchenette, two half baths, and a laundry area on the main floor, along with a full bathroom upstairs. Located just steps from Garfield Park, Indianapolis's oldest and most beloved public park, the property benefits from the area's growing energy. Garfield Park offers year-round recreation, beautiful trails, art, and community events that continually draw residents and visitors alike-adding real vibrancy and value to the neighborhood. Surrounded by popular destinations like Cafe Babette, Garfield Brewery, and Skosh Provisions, this location places you at the center of a thriving local scene. More than a building, this is a strategically positioned opportunity to live, work, and invest in one of the city's fastest-rising districts. Don't miss the chance to make this exceptional space the foundation of your next venture.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $419,000 Previously: $419,000 Originally: $419,000 Bathrooms: 0.00 MLS #: 22068740 Township: Center Sq. Ft Total: 3,036 Type: Commercial Sale Zip Code: 46203 City: Indianapolis Subdivision: Empty County: Marion School District: Indianapolis Public Schools High School: Arsenal Technical High School Middle School: HW Longfellow Med/STEM Magnet Midl Elementary School: Eleanor Skillen School 34

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.26

Listing Office: F.c. Tucker Company

Similar Properties To: 2329 Shelby Street, Indianapolis

$299,000
, 4,800 ft²
MLS® #:
22027644
Provider:
Bhb Real Estate Group
3427 W Michigan Street, Indianapolis
$390,000
, 2,584 ft²
MLS® #:
22028254
Provider:
Crossroads Link Realty
463 N Lasalle Street, Indianapolis
$520,000
, 2,506 ft²
MLS® #:
21983422
Provider:
Keller Williams Indy Metro S
2023 Southeastern Avenue, Indianapolis
$500,000
, 1,120 ft²
MLS® #:
22042711
Provider:
Rj Sears Real Estate Investmen
2943 W Washington Street W, Indianapolis
$540,000
, 8,000 ft²
MLS® #:
22050892
Provider:
Ako Brokerage & Property Mgmt
3839 E Washington Street, Indianapolis
$440,000
, 4,400 ft²
MLS® #:
22056257
Provider:
My Agent
8135 E 30th Street, Indianapolis
$540,000
, 4,506 ft²
MLS® #:
22056251
Provider:
My Agent
8005 E 30th Street, Indianapolis
$450,000
, 1,798 ft²
MLS® #:
22014824
Provider:
Berkshire Hathaway Home
3637 E 38th Street, Indianapolis

View all similar properties here

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 October 29th, 2025 at 9:25am EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?