IN > Indianapolis > State Square
Indianapolis, IN 46201,319 S Randolph ST
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Indianapolis, IN 46201,319 S Randolph ST
Indianapolis, IN 46201,319 S Randolph ST
Indianapolis, IN 46201,319 S Randolph ST
Indianapolis, IN 46201,319 S Randolph ST
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Charlene Brown

Charlene Brown

+1(317) 331-1810
Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 199,000
Est. payment /mo
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Active

319 S Randolph ST Indianapolis, IN 46201

2 Beds

2 Baths

1,904 SqFt

UPDATED:

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

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MIBOR MLS
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
agent

Charlene Brown

Broker Associate | License ID: 14030081

+1(317) 331-1810

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319 S Randolph ST