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
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Listing courtesy of Compass Indiana, LLC. Selling Office: Gardner Property Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative