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  • $430,000

    1148 Olive St, Indianapolis, IN 46203

    4beds
    6baths
    --sqft
    Multi Family, Duplex
    Built in 1931
    -- sqft lot
    $433,000 Zestimate®
    $--/sqft
    $1,693 Estimated rent

    What's special

    Prime turn-key investment opportunity in the heart of Fountain Square! Steps to Indy's most popular restaurants, bars, breweries, and entertainment. Located close to downtown, IU Health, Methodist Hospital, and more, providing the perfect rental opportunities. Purchase as an entire investment, renting both sides for profitability. Or, live in one side, and rent out the other, allowing a majority of the mortgage to be paid by others. Updated thoughtfully throughout, offering 2 bedrooms/2.5 bathrooms per side, with each bedroom being an ensuite with attached, private full bathroom. Additional ample living spaces throughout, with convenient laundry closet and hookups on the main floor, and an unfinished partial basement per side for plenty of storage. Truly the perfect balance of privacy, community, and versatility. Deep yard space with the potential for off-street parking, future garage, or future accessory dwelling unit allow for convenience and potential. Enjoy an HOA-free investment, offering the ability for short-term rentals, long-term rentals, or house-hacking. With Fountain Square fun practically in your backyard, the opportunities and potential are endless!

    Zillow last checked: 7 hours ago

    Listing updated: May 03, 2025 at 03:55pm

    Listing Provided by:

    Kristina Musielak kristina@atpropertiesind.com,

    @properties

    Bought with:

    Peter Stewart

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22018912MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Main level bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Laundry: Connections All, Main Level
    Features
    • Basement: Unfinished

    Property

    Parking
    • Parking features: Alley Access
    • Details: Unit Parking(On Street, Other)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,662 sqft
    • Features: Access, City Lot, Sidewalks
    Details
    • Parcel number: 491018185009000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Aluminum Siding, Wood
    • Foundation: Brick/Mortar
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: No Subdivision
    Services availability
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    Estimated market value

    $433,000