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USAINIndianapolisState Square319 S Randolph St
319 S Randolph St, House other with 2 bedrooms, 2 bathrooms and null parking in Indianapolis IN | Image 1
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$199,000

319 S Randolph St, Indianapolis, IN

House

For Sale

$--,---,---
220
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 952 sqft
Garage Yes
Taxes 
Days Active 118
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $209
MLS® Number 22035811

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

INVESTOR ALERT!! MASSIVE PRICE REDUCTION!! Turnkey, fully furnished, and already cash-flowing-welcome to 319 S Randolph St, an exceptional short-term rental opportunity just east of downtown Indianapolis. This stylishly renovated 2-bed, 1.5-bath ranch boasts 952 sq ft of living space plus a detached 2-car garage, and is nestled in a rapidly revitalizing neighborhood just minutes from Fountain Square, Mass Ave, Lucas Oil Stadium, and the $600M Community Justice Center. Professionally decorated and packed with charm, the home features original hardwood floors, exposed brick accents, an open-concept layout, and a fully fenced backyard. Currently operating as a short-term rental, this property generated over $41K in gross revenue in the last 18 months across Airbnb and VRBO, with average monthly revenue exceeding $2, 300 and low operating costs around $720/month. It sleeps 5 comfortably and includes all furnishings, decor, and essentials, making it truly turnkey for investors-or perfect for an owner-occupant seeking an income-producing setup from day one. Whether you're looking to expand your STR portfolio or dive into the Indy market with a move-in-ready home, this one checks all the boxes. Offered at just $199, 000 including everything-this is a rare find in one of Indy's fastest-growing neighborhoods. Don't miss your chance to own a proven performer in the heart of it all!Show Description
MLS® Number22035811
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageYes
Approx. Age1930
Basement
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Bedroom 2:Main10 × 10 ft
Other:Main12 × 12 ft
Kitchen:Main16 × 13 ft
Family Room:Basement15 × 12 ft

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