$276,375
$309,900
10.8%For more information regarding the value of a property, please contact us for a free consultation.
1701 Fletcher AVE Indianapolis, IN 46203
3,920 Sqft Lot
Key Details
Sold Price $276,375
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Caven & Rockwood
MLS Listing ID 22088919
Sold Date 06/24/26
Year Built 1900
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
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!
Location
State IN
County Marion
Zoning Residental
Rooms
Basement Partial, Unfinished
Interior
Heating Baseboard, Forced Air
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Block, Crawl Space
Architectural Style Traditional
New Construction false
Schools
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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