401 S Randolph Street, Indianapolis, IN 46201

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
401 S Randolph Street,Indianapolis, IN 46201
$199,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:kenneth hall
Office:exp realty, llc.
MLS#:22069602
Source:IN_MIBOR

Price summary

  • Price:$199,000

About this home

Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring two 2-bed, 1-bath units, just minutes from popular Fountain Square restaurants, coffee shops, and nightlife. Each side was recently rented for $1,000/month, offering strong cash flow potential and flexibility. Live in one side and rent out the other! Recent updates include laminate flooring throughout, a 1-year-old roof, updated plumbing, and more, making this a low-maintenance addition to any portfolio. Some minor improvements remaining, offering the opportunity for your personal touch or value-add improvements. Whether you're a seasoned investor seeking solid returns or a savvy buyer looking to offset your mortgage with rental income, this property delivers both lifestyle and financial upside in one of Indy's most desirable areas.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:22069602
  • Added:6 day(s) ago
  • Updated:October 29, 2025 at 07:30 AM

Structure and exterior

  • Year built:1920
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$199,000
Copyright 2025 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 401 S Randolph Street