Great investment opportunity to own a renovated duplex in the Bates Hendricks neighborhood. Currently operating as high-performing 4.9-star airbnb mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 3 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas. Higher income potential if operated as short-term rentals.
34 days
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193
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15
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Zillow last checked:
Listing updated:
Listed by:
Lisa Phillips317-219-9277,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105962
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Features
Has basement: Yes
Property
Features
Levels: Two
Stories: 2
Lot
Size: 3,920 Square Feet
Details
Parcel number: 491113162026000101
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Condition
New construction: No
Year built: 1910
Community & HOA
Community
Subdivision: Woodruff Sub Morris Add
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $188,800
Annual tax amount: $4,808
Date on market: 6/8/2026
Cumulative days on market: 36 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/8/2026
Listed for sale
$475,000
Source: MIBOR as distributed by MLS GRID #22105962Report a problem
6/1/2026
Listing removed
$475,000
Source: MIBOR as distributed by MLS GRID #22077872Report a problem
2/27/2026
Listed for sale
$475,000+691.7%
Source: MIBOR as distributed by MLS GRID #22077872Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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