# 1305 Ringgold Avenue, Indianapolis, IN 46203

> **TL;DR:** multi-family, $825,000, built 1920.
> Basement. Est. $3,575/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $825,000 |
| Year Built | 1920 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,575 |
| **Total** | **$3,575** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1920
- 0.10 acre lot

## Description

### 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.

## Location

- **Address:** 1305 Ringgold Avenue, Indianapolis, IN 46203
- **County:** Marion
- **Neighborhood:** Fountain Square
- **Coordinates:** 39.74975, -86.141598
- **Google Maps:** https://www.google.com/maps?q=39.74975,-86.141598

## Listing Agent

- **Name:** Lisa Phillips
- **Brokerage:** Compass Indiana, LLC
- **Phone:** 3172199277
- **Email:** lisa.phillips@compass.com

## Primary Photo

![1305 Ringgold Avenue - Primary Photo](http://lh.rdcpix.com/a2feaaac79db96ba25a97cfd61d15f2bl-f1099750069r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/1305-ringgold-avenue-indianapolis-in-46203-22105940)*

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**MLS#:** 22105940 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1305-ringgold-avenue-indianapolis-in-46203-22105940)

---

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