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Luxury Keys
1701 Fletcher Avenue, Indianapolis, IN 46203
- $276,375
- Sold Price
- $276,375
- List Price
- $309,900
- Closing Date
- Jun 24, 2026
- MLS#
- 22088919
- Days on Market
- 90
- Status
- SOLD
Property Description
Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential. Each of the three units has been recently updated (2018-2019), making this a true turnkey investment. Whether you're looking to expand your portfolio or start fresh in real estate investing, the cash flow potential is here. With Fountain Square continuing to grow as one of the city's most desirable neighborhoods which should afford continued rent and value appreciation with an already 7% cap rate, which is excellent for a prime area. Don't let this opportunity slip away-multi family in prime locations like this are few and far between!
Additional Information
- Expenses
- 14000
- Basement
- Partial, Unfinished
- Foundation
- Block, Crawl Space
- Stories
- Two
- Architecture
- Traditional
- Acres
- 0.09
- Heat
- Baseboard, Forced Air
- Cooling
- Window Unit(s)
- Region
- Center
Listing courtesy of Bernard Goodman. Compass Indiana, LLC
Selling Office: Gardner Property Group.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.