1. Home
  2. > Search
  3. > Homes for Sale in Fountain Square - Indianapolis
  4. > 1148 Olive Street, Indianapolis, IN 46203
$430,000
4
beds
6
baths

1148 Olive Street
Indianapolis, Indiana 46203

Closed / MLS #22018912 / Multiple Unit (2-4) / Fountain Square - Indianapolis
Listing information updated 5/3/2025 at 6:06pm
Prime turn-key investment opportunity in the heart of Fountain Square! Steps to Indy's most popular restaurants, bars, breweries, and entertainment. Located close to downtown, IU Health, Methodist Hospital, and more, providing the perfect rental opportunities. Purchase as an entire investment, renting both sides for profitability. Or, live in one side, and rent out the other, allowing a majority of the mortgage to be paid by others. Updated thoughtfully throughout, offering 2 bedrooms/2.5 bathrooms per side, with each bedroom being an ensuite with attached, private full bathroom. Additional ample living spaces throughout, with convenient laundry closet and hookups on the main floor, and an unfinished partial basement per side for plenty of storage. Truly the perfect balance of privacy, community, and versatility. Deep yard space with the potential for off-street parking, future garage, or future accessory dwelling unit allow for convenience and potential. Enjoy an HOA-free investment, offering the ability for short-term rentals, long-term rentals, or house-hacking. With Fountain Square fun practically in your backyard, the opportunities and potential are endless!
Exterior Type:
Aluminum Siding,Wood
Basement:
Unfinished
Beds Above Grade:
4
Heating System:
Forced Air
Pool:
No
Age:
94 Years
Square Feet:
N/A
Lot Size:
0.13 Acres
Acreage:
0.13
Tax Amount:
N/A
Tax Year:
2023
Zip Code:
46203
City:
Indianapolis
County:
Marion
School District(s):
Indianapolis Public Schools
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: @properties

Agent Contact Information: kristina@atpropertiesind.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/3/2025 at 6:06pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Fountain Square - Indianapolis

Fountain Square - Indianapolis, IN

Fountain Square is a vibrant community with a lot to offer. Located five minutes from downtown Indianapolis, the community is one of six Indianapolis Cultural Districts. Residents enjoy being just minutes from the interstate, and also have direct access to the Indianapolis Cultural Trail, Virginia A...
$308,433
Average Sale Price
78
Average Days On The Market
92%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1148 Olive Street, Indianapolis, IN 46203

Not quite what you are looking for?

Similar listings for sale near 1148 Olive Street, Indianapolis, IN 46203

Like the area?

More homes for sale near 1148 Olive Street, Indianapolis, IN 46203

New Listings in Fountain Square - Indianapolis, IN

Recently Sold Homes in Fountain Square - Indianapolis, IN

Nearby Homes for Sale

1148 Olive Street, Indianapolis, IN 46203 is a multiple unit (2-4) which sold for $430,000. 1148 Olive Street features 4 Beds, 6 Baths. This multiple unit (2-4) has been listed on @properties IND since January 24th, 2025 and was built in 1931.