401 S Randolph Street
Indianapolis, IN 46201
- – beds
- – baths
- – sqft
- 4,443 sqft lot
- 1920 build
Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with strong rental demand, this property sits near major employers, local shops, and vibrant dining and entertainment. With low maintenance needs and professional management already in place, this is an ideal entry point for new investors looking for stable income and long-term upside in a growing market. Major improvements have been made including a new roof in 2024. Don't miss your chance to own a turnkey asset! Currently tenant occupied, please do not disturb.
Last checked:
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Last updated Apr 20, 2025
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MLS# 22033530 —
The Building
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Year Built:1920
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New Construction:false
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Levels:One
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Basement:true
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.760762
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Longitude:-86.128303
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:491007205229000101
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Acres:<1/4 Acre
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Lot Size Acres:0.1
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Lot Size SqFt:4,443 Sqft
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Price Per Acre:1999990
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Current Use:Residential
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 617-7947
- Office phone:
- (317) 643-0708
Taxes
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Tax Lot:101
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Tax Year:2024
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Semi Annual Property Tax Amt:2079
Utilities
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:No Subdivision
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/18/25
Apr 18, 2025
|
Listed / Active | MIBOR | $199,999 | 42.9% (11.9% / YR) |
|
9/13/21
Sep 13, 2021
|
MIBOR | $140,000 | -6.7% | |
|
8/11/21
Aug 11, 2021
|
MIBOR | $150,000 |
