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$334,900 -

1701 Fletcher Avenue Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.09
Acres

Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential. Each of the three units has been recently updated (2018-2019), making this a true turnkey investment. Whether you're looking to expand your portfolio or start fresh in real estate investing, the cash flow potential is here. With Fountain Square continuing to grow as one of the city's most desirable neighborhoods which should afford continued rent and value appreciation with an already 7% cap rate, which is excellent for a prime area. Don't let this opportunity slip away-multi family in prime locations like this are few and far between!

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Property Details

Price: $334,900 Previously: $334,900 Originally: $334,900 Bathrooms: 0.00 MLS #: 22088919 Year Built: 1900 Township: Center Type: Residential Income Zip Code: 46203 City: Indianapolis Subdivision: Caven & Rockwood County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Forced Air

Exterior Features

Exterior Features:
  • # Acres: 0.09

Listing Office: Compass Indiana, Llc

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Spann & Halloway Shelby
MLS® #:
22074045
Provider:
Keller Williams Indy Metro S
2455 Shelby Street, Indianapolis

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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 April 2nd, 2026 at 10:58pm EDT.

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