319 S Randolph ST Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $104
Subdivision State Square
MLS Listing ID 22035811
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1930
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Property Description
INVESTOR ALERT!! MASSIVE PRICE REDUCTION!! Turnkey, fully furnished, and already cash-flowing-welcome to 319 S Randolph St, an exceptional short-term rental opportunity just east of downtown Indianapolis. This stylishly renovated 2-bed, 1.5-bath ranch boasts 952 sq ft of living space plus a detached 2-car garage, and is nestled in a rapidly revitalizing neighborhood just minutes from Fountain Square, Mass Ave, Lucas Oil Stadium, and the $600M Community Justice Center. Professionally decorated and packed with charm, the home features original hardwood floors, exposed brick accents, an open-concept layout, and a fully fenced backyard. Currently operating as a short-term rental, this property generated over $41K in gross revenue in the last 18 months across Airbnb and VRBO, with average monthly revenue exceeding $2,300 and low operating costs around $720/month. It sleeps 5 comfortably and includes all furnishings, decor, and essentials, making it truly turnkey for investors-or perfect for an owner-occupant seeking an income-producing setup from day one. Whether you're looking to expand your STR portfolio or dive into the Indy market with a move-in-ready home, this one checks all the boxes. Offered at just $199,000 including everything-this is a rare find in one of Indy's fastest-growing neighborhoods. Don't miss your chance to own a proven performer in the heart of it all!
Location
State IN
County Marion
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bath Sinks Double Main,Hardwood Floors
Heating Forced Air
Cooling Central Air
Fireplace Y
Appliance Gas Cooktop,Dishwasher,Dryer,Disposal,Microwave,Gas Oven,Refrigerator,Washer,Water Heater
Exterior
Garage Spaces 2.0
View Y/N false
Building
Story One
Foundation Block
Water Public
Architectural Style Ranch
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
Others
Virtual Tour https://indy-realty-pics.aryeo.com/sites/enrbboo/unbranded