545 Fletcher Avenue, Indianapolis, IN 46203 (MLS # 22079306)

Price $925,000
Status Active
Beds 4
Baths 3 Baths
Home size 2,200 sqft
Lot Size 5,228 sqft
Days on Market 3
Welcome to 545 & 547 Fletcher Avenue - a rare opportunity to own two fully finished homes in the heart of downtown Indy. This turnkey property includes a stunning 3-bed, 2.5-bath main home with thoughtfully designed built-in bunks, perfect for guests or added sleeping capacity, along with a brand-new 2-bed, 2.5-bath carriage house offering complete privacy and flexibility for short-term rental or extended stay use. Whether you're seeking a stylish personal residence or a pure investment play, this one checks all the boxes. Just a short walk to Lucas Oil Stadium, Gainbridge Fieldhouse, and the buzzing Fountain Square district, you or your guests will have front-row access to the city's best events, nightlife, and dining. Currently operating as a successful Airbnb, this property boasts a competitive cap rate with room to push even higher through optimization and dynamic pricing. The layout and design are ideal for hosting, with open-concept living, premium finishes, and a warm, modern aesthetic throughout both homes. Every corner has been carefully crafted for comfort, functionality, and that "wow" factor. This is more than a home-it's a lifestyle asset in one of Indy's most vibrant urban neighborhoods. Reach out today to schedule a private tour and explore the potential firsthand.
Property Type(s): Single Family
Last Updated 1/9/2026 Tract Fletcher
Year Built 1900 Community 4910 - Marion - Center
Garage Spaces 2.0 County Marion

Additional Details

AIR Other
AIR CONDITIONING Yes
APPLIANCES Gas Oven, Gas Water Heater
AREA 4910 - Marion - Center
BASEMENT Unfinished, Yes
CONSTRUCTION Wood Siding
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air, Natural Gas
INTERIOR Entrance Foyer, High Ceilings
LOT 5227 sq ft
PARKING Attached
STORIES 2
STYLE Traditional
SUBDIVISION Fletcher
WATER Public

Location

 

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