545 Fletcher Avenue, Indianapolis, IN 46203
- $899,000
- 4
- BD
- 3
- BA
- 2,719
- SqFt
- List Price
- $899,000
- MLS#
- 22114368
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Sqft. of Residence
- 2,719
- Year Built
- 1900
- Days on Market
- 12
- Status
- ACTIVE
Property Description
Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. The main residence offers 2,719 square feet of beautifully designed living space, while the separate carriage house adds an additional 1,351 square feet, creating over 4,000 square feet of combined living and guest accommodations. Currently operating as a successful Airbnb, this unique property offers exceptional flexibility for investors, owner-occupants, house hackers, or those seeking a high-demand hospitality asset near downtown Indianapolis. Designed with large groups and entertaining in mind, both homes feature stylish finishes, multiple gathering spaces, updated kitchens, and accommodations ideal for weekend visitors, corporate stays, sporting events, concerts, and convention traffic. The setup creates a rare opportunity to maximize guest capacity while offering privacy and comfort across two separate residences. Located just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Fountain Square, and all that downtown Indianapolis has to offer, guests and owners alike enjoy walkable access to dining, nightlife, entertainment, and major event venues. The property has an established history as a professionally operated short-term rental with strong guest appeal and repeat demand. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a one-of-a-kind downtown property with built-in income potential, this is an opportunity that stands out in one of Indianapolis' most sought-after urban neighborhoods.
/u.realgeeks.media/indymlsnow/ssrg.png)
Additional Information
- Basement
- Unfinished
- Foundation
- Block
- Number of Fireplaces
- 1
- Fireplace Description
- Family Room
- Stories
- Two and a Half
- Architecture
- Traditional
- Equipment
- Smoke Alarm
- Interior
- High Ceilings, Hardwood Floors, Wood Work Stained, Entrance Foyer
- Acres
- 0.12
- Heat
- Forced Air, Natural Gas
- Cooling
- Other
- Appliances
- Gas Oven, Gas Water Heater
- Semi-Annual Taxes
- $9,194
- Garage
- Yes
- Region
- Center
- Areas
- Living Room Formal
- Eating Areas
- Formal Dining Room
Mortgage Calculator
Listing courtesy of Ever Real Estate, LLC.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative