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About This Home

This 0-bedroom, 0-bathroom multi-family at 1305 Ringgold Avenue in Indianapolis, IN is listed for $825,000. Built in 1920, on a 0.10 acres lot.

Agent 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.

Key Features

  • Built in 1920
  • 0.10 acre lot

Property Details

1920

Amenities

Basement

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

1305 Ringgold Avenue

Indianapolis, IN 46203

Fountain Square

Property Details

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 1305 Ringgold Avenue is listed at $825,000. The estimated monthly payment is $3,575 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.10 acre lot.

This property is listed by Lisa Phillips and can be reached at 3172199277 or lisa.phillips@compass.com.

LP

Lisa Phillips

Agent at Compass Indiana, LLC

(317) 219-9277

Listed by Compass Indiana, LLC · View on Broker Site

MLS# 22105940· Source: listhub· Updated 1 days ago

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1305 Ringgold Avenue, Indianapolis, IN 46203

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