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$575,000

1629/1631 Carrollton Avenue, Indianapolis IN, 46202

Price per sqftN/A
Built in1900
Property typeMulti-family
Courtesy of Compass Indiana, LLC, Allison Steck Listing Contact:

Overview

Active

Listed Aug 3, 2025

Updated 21h ago

A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and comfortable living spaces. Separate laundry rooms in each unit provide additional convenience, making extended stays a breeze. Enjoy Indiana's four seasons on the welcoming front porch, ideal for relaxing or greeting neighbors in this walkable community. Parking is included, a valuable amenity in this sought-after location just minutes from downtown, the Monon Trail, and popular dining and cultural attractions. Property value continues to appreciate with new construction, amenities and attractions being added each month. Whether you're looking to expand your short-term rental portfolio or reside in one unit while generating income from the other, this turnkey property provides a fully operational, revenue-ready investment in one of Indy's most desirable neighborhoods.

$3,825/mo

Est. mortgage payment based on a $575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22053729

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Municipality
Center

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Based on information submitted to the MLS GRID as of 3:24 AM UTC on 11/2/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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