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$1,050,000
6
beds
5
baths

1542 Bellefontaine Street
Indianapolis, Indiana 46202

New / MLS #22124856 / Multiple Unit (2-4) / Old Northside
Listing information updated 9/25/2026 at 5:26pm
Income-producing luxury triplex in Old Northside, one of downtown Indy's most in-demand rental markets! Three separate units deliver multiple income streams: a 3 bed/3.5 bath main house, a 2 bed/1 bath lower-level unit and a 1 bed/1 bath carriage house, 6 beds, 5.5 baths and 3.5 kitchens in all. Proven operating history shows an approx. 7.4% cap rate at list price (before taxes and insurance; financials available upon request). Keep it as a turnkey furnished rental, lease long-term, or owner-occupy one unit while the others help cover the mortgage. Finishes that command premium rents: chef's kitchen with Cafe appliances, open living and dining with abundant natural light, primary suite with walk-out balcony, and a third-floor entertainment level with half kitchen, full bath and rooftop hot tub with skyline views. Carriage house has its own kitchen and private patio. 3-car garage. Walk to the Monon Trail, Mass Ave and Bottleworks, where tenants and guests want to be!
Architecture Style:
Contemporary,Traditional
Exterior Type:
Wood Siding
Basement:
Ceiling - 9+ feet,Daylight,Egress Window(s),Finished,Full
Beds Above Grade:
6
Cooling System:
Central Air
Heating System:
Forced Air
Pool:
No
Age:
8 Years
Parking Spaces:
3
Garage:
Garage - 3 Car(s)
Square Feet:
N/A
Lot Size:
0.08 Acres
Acreage:
0.08
Tax Amount:
N/A
Tax Year:
2025
Zip Code:
46202
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

Listing Office Phone: 317.489.3441

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 9/25/2026 at 5:26pm. 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.

Old Northside

Old Northside, IN

A historic district with a rich past, The Old Northside was added to the National Register of Historic Places in the late 1970s. Shortly after, the City of Indianapolis adopted The Old Northside Historic Preservation Plan, and the area has since experienced a renaissance. Nearly all of the historic...
$500,348
Average Sale Price
58
Average Days On The Market
94%
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 1542 Bellefontaine Street, Indianapolis, IN 46202

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1542 Bellefontaine Street, Indianapolis, IN 46202 is a multiple unit (2-4) currently listed at $1,050,000. 1542 Bellefontaine Street features 6 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties IND since September 23rd, 2026 and was built in 2018.

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