717 S Illinois Street, Indianapolis, IN 46225

$416,250
3
BD
1
BA
1,948
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$416,250
List Price
$435,000
Closing Date
Jun 04, 2026
MLS#
22094593
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
1,948
Year Built
1890
Days on Market
55
Status
SOLD

Property Description

Turnkey Downtown Airbnb in the Heart of Indianapolis' Event District Welcome to one of the most strategically located short-term rental opportunities in Indianapolis. Situated just steps from Lucas Oil Stadium and the Convention Center, this property sits directly in the path of the city's largest events - where demand, walkability, and premium nightly rates all come together. Airbnb revenue in downtown Indy is driven by major events - conventions, Colts games, concerts, and national tournaments - and the majority of that activity is centered right here. Guests consistently prioritize locations they can walk to, and this property delivers exactly that. Simply put - there is no better location to capture that demand. Why This Property Stands Out: * Located in the core downtown event corridor * Walkable to Lucas Oil Stadium & the Convention Center * Strong short-term rental demand tied to year-round events * Ideal for maximizing occupancy and premium pricing Fully Turnkey - Ready to Generate Income This home is being offered fully furnished and equipped, including: * Beds, couches, and TVs * Kitchen items, cookware, and dishware * Towels, linens, and decor Start operating immediately and generating revenue from day one - or request a clean slate if you prefer to design your own space. The Opportunity Whether you're looking to expand your portfolio or step into your first short-term rental, this property offers a rare chance to own a cash-flowing asset in one of Indianapolis' highest-demand locations. Use it to offset your mortgage, generate consistent income, or build long-term equity - all while owning in a vibrant, walkable downtown setting. A rare, turnkey Airbnb in a location guests actively seek out.

Additional Information

Basement
Unfinished
Foundation
Brick/Mortar
Stories
Two
Architecture
Victorian
Equipment
None
Interior
Hardwood Floors, Wood Work Stained
Exterior Amenities
Not Applicable
Acres
0.05
Heat
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Gas Oven, Refrigerator, Gas Water Heater, Microwave
Region
Center
Eating Areas
Formal Dining Room

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Indy Home Shop LLC. Selling Office: eXp Realty, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative