1305 Ringgold Avenue, Indianapolis, IN 46203

Property Description

Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood. Perfectly positioned on a quiet and residential street just two blocks from Fountain Square's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. Completely transformed through an extensive gut renovation, this property was rebuilt with quality, comfort, and modern living in mind. Each side of the duplex is a 2-story townhouse with 3 bedrooms and 3.5 bathrooms and provides ideal separation between living and sleeping areas as well as an abundance of bathrooms for convenience for residents and guests alike. Additional highlights include 4 dedicated parking spaces created at the rear of the property. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with exceptional revenue, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals. Preference is to sell this duplex as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 717 S Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 1:17AM

Listing Office:

Compass Indiana, LLC : 317-219-9277

Listing Agent:

Lisa Phillips : 317-219-9277

MLS ID:

22077875

Location

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

Lot

• Zoning: Seidensticker Birkenmeyer Add L9 5Ft N Side L10491113163046000101
• Current Use: See Remarks

Financial

• Source: mibor