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$200,000 -

1529 Kennington Street Indianapolis IN 46225

2
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.1
Acres

Welcome to a beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, this home was rebuilt with quality, comfort, and modern living in mind. Currently operating as high-performing mid-term furnished rental and corporate housing (1 to 6 month stays) with high ROI, this property can be used as a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rental. Preference is to sell this home 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), 717 Randolph (duplex with 2br/2ba townhouses) and 1525 Kennington (duplex with 3br/2ba townhouses) - a total of 15 units producing high revenues. The duplex at 1525 Kennington is the neighboring property to this home.

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Property Details

Price: $200,000 Previously: $200,000 Originally: $200,000 Bedrooms: 2 Bathrooms: 1.00 MLS #: 22077877 Year Built: 1956 Township: Center Sq. Ft Total: 780 Type: Residential Zip Code: 46225 City: Indianapolis Subdivision: Franks Sub Woodruffs Sub B F Morris County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Electric Water Heater, Gas Oven, Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Porch: Covered
  • # Acres: 0.10

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 9th, 2026 at 4:14pm EDT.

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