Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with strong rental demand, this property sits near major employers, local shops, and vibrant dining and entertainment. With low maintenance needs and professional management already in place, this is an ideal entry point for new investors looking for stable income and long-term upside in a growing market. Major improvements have been made including a new roof in 2024. Don't miss your chance to own a turnkey asset! Currently tenant occupied, please do not disturb.
Active
$199,999
401 S Randolph St, Indianapolis, IN 46201
4beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Classic charmNew roof
- 135 days
- on Zillow |
- 304 |
- 22 |
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