29 E Palmer Street, Indianapolis, IN 46225

• 5 beds |
• 4 baths |
• 2,100 sqft

Property Description

Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you'll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches. The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you're looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.

Listing Status:

Active

Listing Office:

Highgarden Real Estate : 317-777-3404

Listing Agent:

Gabriela Gonzalez : 317-777-3404

MLS ID:

22070271

Interior

• General: Breakfast Bar
• Appliances: DishwasherGas OvenRefrigerator
• Basement: Unfinished
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

• Style: ContemporaryRanch
• Parking: Alley AccessAttachedCarport

Construction

• General: TwoCrawl SpacePartial

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: R Essigke Sub Frank So Merd St Add L3 L4 & 5.42 W Of & Adj L4491113124003000101

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public

Financial

• Source: mibor

This listing courtesy of Gabriela Gonzalez, Highgarden Real Estate