Skip main navigation
Active
  • $199,999

    401 S Randolph St, Indianapolis, IN 46201

    4beds
    2baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Classic charmNew roof
    Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with strong rental demand, this property sits near major employers, local shops, and vibrant dining and entertainment. With low maintenance needs and professional management already in place, this is an ideal entry point for new investors looking for stable income and long-term upside in a growing market. Major improvements have been made including a new roof in 2024. Don't miss your chance to own a turnkey asset! Currently tenant occupied, please do not disturb.
    8 days
    on Zillow
    |
    354
    |
    29
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 20, 2025 at 03:32pm

    Listing Provided by:

    Kenneth Hall kenny@livindy.co,

    JUST LIV, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22033530MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 401 S Randolph St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 4,356 Square Feet
    Details
    • Parcel number: 491007205229000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1920

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $148,200
    • Annual tax amount: $4,158
    • Date on market: 4/18/2025
    • Loading
    • Loading