1119 S Randolph Street
Indianapolis, IN 46203
2
Bed
2
Bath
998Sqft
0.06Acre(Lot)
Rare opportunity to purchase two furnished, income-producing mid-term rental properties preferably sold as a pair in one of Indy's most convenient near-downtown locations. Located at 1119 and 1123 S Randolph St, these two neighboring homes share a backyard and have been successfully utilized as furnished rent-by-the-room stays, primarily serving healthcare professionals and traveling tenants looking for flexible housing near downtown Indianapolis, Fountain Square, local hospitals, and major employment hubs. The properties offer a strong current income, operational flexibility, and long-term upside. Each home is already furnished and currently operating as a room-by-room rental, creating a turnkey opportunity for an investor looking to step into an existing mid-term rental model rather than
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 2Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 6Interior Features
Attic Access, Eat-in Kitchen Appliances: Dishwasher, Electric Oven, Refrigerator -
Flooring Information
Construction Materials: Aluminum Siding -
Heating & Cooling
Heating: Forced Air Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1920
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Lot Information
Lot Square Feet: 2701 Lot Acres: 0.06Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Traditional
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Listing Price Information
Original List Price:$249900
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Tax Information
Tax Lot: 491018199011000101 Tax Legal Description: G S Bradley Prospect St Sub Reeves Add N1/2 L6 Tax Year: 2024 Parcel Number: 491018199011000101
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Utility Information
Water Source: Public -
Location Information
Subdivision: Bradleys Prospect City: Indianapolis Direction: GPS Friendly
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6435 Birds Eye Drive, Indianapolis, IN, 46203 | $232,500 | 3 | 2 | 1,249 | 1,249 SqFt |
| 6330 E Raymond Street, Indianapolis, IN, 46203 | $220,000 | 4 | 1 | 1,562 | 1,562 SqFt |
| 2928 S Kenmore Road, Indianapolis, IN, 46203 | $224,900 | 3 | 2 | 1,056 | 1,056 SqFt |
| 3015 Cassara Drive, Indianapolis, IN, 46203 | $329,900 | 4 | 3 | 2,919 | 2,919 SqFt |
| 3424 Pavetto Lane, Indianapolis, IN, 46203 | $264,900 | 3 | 3 | 2,334 | 2,334 SqFt |
| 2350 S Sheridan Avenue, Indianapolis, IN, 46203 | $226,000 | 3 | 2 | 1,479 | 1,479 SqFt |
| 2747 Foxbriar Place, Indianapolis, IN, 46203 | $267,500 | 4 | 2 | 1,840 | 1,840 SqFt |
| 2928 S Arlington Avenue, Indianapolis, IN, 46203 | $249,000 | 2 | 2 | 1,488 | 1,488 SqFt |
| 1731 S Arlington Avenue, Indianapolis, IN, 46203 | $245,000 | 3 | 2 | 2,280 | 2,280 SqFt |
| 1502 S Arlington Avenue, Indianapolis, IN, 46203 | $299,990 | 4 | 3 | 2,599 | 2,599 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 18:20
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