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$450,000 -

717 S Randolph Street Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.07
Acres

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.

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Property Details

Price: $450,000 Previously: $450,000 Originally: $450,000 Bathrooms: 0.00 MLS #: 22077873 Year Built: 1920 Township: Center Type: Residential Income Zip Code: 46203 City: Indianapolis Subdivision: Caven & Rockwood County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • Setting / Lot Description: Other
  • # Acres: 0.07

Listing Office: Compass Indiana, 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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on March 13th, 2026 at 3:14pm EDT.

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