$1,050,000
Triplex In Indianapolis
- 3,311 Sqft lot
- Updated: Today
- Source: MIBOR Broker Listing Cooperative MLS#22124856
About the Property
Income-producing luxury triplex in Old Northside, one of downtown Indy’s most in-demand rental markets! Three separate units deliver multiple income streams: a 3 bed/3.5 bath main house, a 2 bed/1 bath lower-level unit and a 1 bed/1 bath carriage house, 6 beds, 5.5 baths and 3.5 kitchens in all. Proven operating history shows an approx. 7.4% cap rate at list price (before taxes and insurance; fina
Income-producing luxury triplex in Old Northside, one of downtown Indy’s most in-demand rental markets! Three separate units deliver multiple income streams: a 3 bed/3.5 bath main house, a 2 bed/1 bath lower-level unit and a 1 bed/1 bath carriage house, 6 beds, 5.5 baths and 3.5 kitchens in all. Proven operating history shows an approx. 7.4% cap rate at list price (before taxes and insurance; financials available upon request). Keep it as a turnkey furnished rental, lease long-term, or owner-occupy one unit while the others help cover the mortgage. Finishes that command premium rents: chef’s kitchen with Cafe appliances, open living and dining with abundant natural light, primary suite with walk-out balcony, and a third-floor entertainment level with half kitchen, full bath and rooftop hot tub with skyline views. Carriage house has its own kitchen and private patio. 3-car garage. Walk to the Monon Trail, Mass Ave and Bottleworks, where tenants and guests want to be!
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Property type
House
-
Year built
2018
Features
- Garage
- Walk In Closet
- Fireplace
- Terrace
- Jacuzzi
- Open Kitchen
- Gate
- Outdoor Living Space
- City View
Features
Lot
- City View
- Investment Property
Indoor
- Fireplace
- Air Conditioning
- Kitchen island
- Jacuzzi
- Bar
- Open Kitchen
- Basement
- Stone Countertops
- Walk In Closet
Outdoor
- Terrace
- Balcony
- Garage
- Outdoor Living Space
- Gate
Explore the Area
1542 Bellefontaine Street, Indianapolis, Indiana, United States
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Listings
2026
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Last updated
Today
First listed
September 24
Listing reference
22124856
Listing status
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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