2207 - 2209 Bellefontaine Street, Indianapolis, IN 46202

Property Description

Expand your investment portfolio with this exceptional turnkey opportunity in one of Downtown's rapidly revitalizing neighborhoods! This newer-built property offers incredible versatility with three income-producing units: a duplex thoughtfully divided into two separately parceled townhomes, plus a charming one-bedroom carriage house apartment above the detached two-car garage. The current owner has successfully operated the property as a thriving Airbnb for the past several years, and all furniture, decor, and furnishings are included, making this a truly turnkey investment from day one. Each spacious townhome offers approximately 1,890 square feet of thoughtfully designed living space, featuring an open-concept main level with generous living and dining areas, stylish kitchens, a convenient half bath, and an oversized laundry room. Upstairs, you'll find a private primary suite, two additional bedrooms, and a second full bathroom. Quality craftsmanship shines throughout with attractive trim work and tasteful finishes. The whimsical carriage house provides a comfortable one-bedroom apartment with plenty of character, creating an additional income stream or the perfect guest accommodations. Whether you're looking to continue a successful short-term rental operation, add a high-performing asset to your portfolio, or explore multiple rental strategies, this unique property offers outstanding flexibility, strong income potential, and an unbeatable Downtown location.

Listing Status:

Active

Data Last Updated:

July 4, 2026 at 9:17PM

Listing Office:

F.C. Tucker Company : 812-208-0498

Listing Agent:

Rob Measel : 812-208-0498

MLS ID:

22111698

Location

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

Lot

• Zoning: Second Flight addition lots 1 and 2490625156110000101
• Current Use: Apt<20

Financial

• Source: mibor