1701 Fletcher Avenue, Indianapolis, IN 46203

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1701 Fletcher Avenue,Indianapolis, IN 46203
$276,375
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: bernard goodman
Office: compass indiana, llc.
MLS#:22088919
Source:IN_MIBOR

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Price summary

  • Price:$276,375

About this home

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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Home facts

  • Year built:1900
  • Listing ID #:22088919
  • Added:90 day(s) ago
  • Updated:June 25, 2026 at 02:26 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Partial, Unfinished

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt
  • Year built:1900
  • Foundation Description:Block, Crawl Space

Utilities

  • Water:Water

Finances and disclosures

  • Price:$276,375

Parking

  • Carport spaces:3
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