Listing provided courtesy of Compass Indiana, LLCMLS# MBR22053729MLS Provider
  • 332 days on site
  • 0 views

A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and comfortable living spaces. Separate laundry rooms in each unit provide additional convenience, making extended stays a breeze. Enjoy Indiana's four seasons on the welcoming front porch, ideal for relaxing or greeting neighbors in this walkable community. Parking is included, a valuable amenity in this sought-after location just minutes from downtown, the Monon Trail, and popular dining and cultural attractions. Property value continues to appreciate with new construction, amenities and attractions being added each month. Whether you're looking to expand your short-term rental portfolio or reside in one unit while generating income from the other, this turnkey property provides a fully operational, revenue-ready investment in one of Indy's most desirable neighborhoods.

Source: MIBOR, MLS#: MBR22053729

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  • Property Type
    Residential Income
  • Lot
    0.09 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1629/1631 Carrollton Avenue


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/7/2026Source: MIBOR Price Reduction
$585,000 -2.5%
8/3/2025Source: MIBOR Added to Database
August 03, 2025