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Listed by Lisa Phillips • Compass Indiana, LLC
$ 825,000
Est. payment /mo
Active
1305 Ringgold AVE Indianapolis, IN 46203
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Fountain Square
MLS Listing ID 22105940
Year Built 1920
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood on a quiet and residential street just two blocks from FS's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. This high producing mid-term property has a 4.9-star airbnb review and has been completely transformed through an extensive gut renovation. Each side of the duplex is a 2-story townhouse with 3 bedrooms and 3.5 bathrooms and provides ideal separation between living and sleeping areas as well as an abundance of bathrooms for convenience for residents and guests alike. Additional highlights include 4 dedicated parking spaces created at the rear of the property. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with exceptional revenue, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 4.0
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
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