401 S Randolph Street, Indianapolis, IN 46201

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401 S Randolph Street,Indianapolis, IN 46201
$199,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:kenneth hall
Office:just liv, llc.
MLS#:22033530
Source:IN_MIBOR

Price summary

  • Price:$199,999

About this home

Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with strong rental demand, this property sits near major employers, local shops, and vibrant dining and entertainment. With low maintenance needs and professional management already in place, this is an ideal entry point for new investors looking for stable income and long-term upside in a growing market. Major improvements have been made including a new roof in 2024. Don't miss your chance to own a turnkey asset! Currently tenant occupied, please do not disturb.

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Home facts

  • Year built:1920
  • Listing Id #:22033530
  • Added:118 day(s) ago
  • Updated:July 07, 2025 at 10:41 PM

Heating and cooling

  • Cooling:Central Electric

Structure and exterior

  • Year built:1920
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$199,999