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$899,000 -

545 Fletcher Avenue Indianapolis IN 46203

4
Bedrooms
3
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. Currently operating as a successful Airbnb, this unique property offers exceptional flexibility for investors, owner-occupants, house hackers, or those seeking a high-demand hospitality asset near downtown Indianapolis. Designed with large groups and entertaining in mind, both homes feature stylish finishes, multiple gathering spaces, updated kitchens, and accommodations ideal for weekend visitors, corporate stays, sporting events, concerts, and convention traffic. The setup creates a rare opportunity to maximize guest capacity while offering privacy and comfort across two separate residences. Located just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Fountain Square, and all that downtown Indianapolis has to offer, guests and owners alike enjoy walkable access to dining, nightlife, entertainment, and major event venues. The property has an established history as a professionally operated short-term rental with strong guest appeal and repeat demand. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a one-of-a-kind downtown property with built-in income potential, this is an opportunity that stands out in one of Indianapolis' most sought-after urban neighborhoods.

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Property Details

Price: $899,000 Previously: $899,000 Originally: $925,000 Bedrooms: 4 Bathrooms: 3.00 MLS #: 22079306 Year Built: 1900 Township: Center Sq. Ft Total: 2,200 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Fletcher County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Gas Oven, Gas Water Heater
  • Cooling: Other
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Porch: Covered
  • # 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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on May 9th, 2026 at 9:29am EDT.

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