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$650,000
5
beds
5
baths

738 Cottage Avenue
Indianapolis, Indiana 46203

Pending / MLS #22082657 / Multiple Unit (2-4) / Bates-Hendricks
Listing information updated 2/9/2026 at 12:06pm
Incredible house hack opportunity with this fully renovated 3-unit property offering luxury living and strong income potential. The main house features 3 bedrooms and 2.5 baths with high-end finishes throughout, including a stunning quartz kitchen, top-of-the-line appliances, and a spa-like primary suite designed for comfort and style. The private basement unit is fully equipped and income-ready, ideal for long-term or extended-stay rental, while the detached carriage house offers excellent flexibility for Airbnb, guest accommodations, or traditional leasing. This turnkey property is perfect for owner-occupants, investors, or multi-generational living-live in the main home and let the additional units offset or cover your mortgage, or rent all three for strong cash flow.
Basement:
Ceiling - 9+ feet,Apartment,Egress Window(s),Finished
Beds Above Grade:
5
Cooling System:
Central Air, Dual, Ductless, Heat Pump
Heating System:
Zoned, Heat Pump
Pool:
No
Age:
NEW
Parking Spaces:
2
Garage:
Garage - 2 Car(s)
Square Feet:
N/A
Lot Size:
0.08 Acres
Acreage:
0.08
Tax Amount:
N/A
Tax Year:
2024
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: Highgarden Real Estate

Listing Office Phone: 317.205.4320

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 2/9/2026 at 12:06pm. 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.

Bates-Hendricks

Bates-Hendricks, IN

Bates-Hendricks is ideally situated near downtown, Fountain Square, and Garfield Park. The neighborhood is also close to many restaurants, businesses, and recreational facilities. East Street’s bikeways provide an easy commute downtown for cyclists. Plus, commuters have quick access to I-65 and I-...
$258,924
Average Sale Price
108
Average Days On The Market
87%
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 738 Cottage Avenue, Indianapolis, IN 46203

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738 Cottage Avenue, Indianapolis, IN 46203 is a multiple unit (2-4) which sold for $650,000. 738 Cottage Avenue features 5 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties IND since February 5th, 2026 and was built in 2026.

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