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+13176639192
Luxury Keys
29 E Palmer Street, Indianapolis, IN 46225
- $375,000
- 5
- BD
- 4
- BA
- 2,520
- SqFt
- Sold Price
- $375,000
- List Price
- $369,000
- Closing Date
- Jun 08, 2026
- MLS#
- 22070271
- Property Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Sqft. of Residence
- 2,520
- Year Built
- 1890
- Days on Market
- 215
- Status
- SOLD
Property Description
Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you'll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches. The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you're looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.
Additional Information
- Basement
- Unfinished
- Foundation
- Crawl Space, Partial
- Stories
- Two
- Architecture
- Contemporary, Ranch
- Interior
- Breakfast Bar
- Acres
- 0.17
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Appliances
- Dishwasher, Gas Oven, Refrigerator
- Semi-Annual Taxes
- $1,407
- Garage
- Yes
- Garage Parking
- Other
- Region
- Center
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Gabriela Gonzalez. Highgarden Real Estate
Selling Office: The Indy Realty Shop.Mortgage Calculator
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.