545 Fletcher Avenue, Indianapolis, IN 46203

• 4 beds |
• 3 baths |
• 2,719 sqft

Property Description

Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. The main residence offers 2,719 square feet of beautifully designed living space, while the separate carriage house adds an additional 1,351 square feet, creating over 4,000 square feet of combined living and guest accommodations. Currently operating as a successful Airbnb, this unique property offers exceptional flexibility for investors, owner-occupants, house hackers, or those seeking a high-demand hospitality asset near downtown Indianapolis. Designed with large groups and entertaining in mind, both homes feature stylish finishes, multiple gathering spaces, updated kitchens, and accommodations ideal for weekend visitors, corporate stays, sporting events, concerts, and convention traffic. The setup creates a rare opportunity to maximize guest capacity while offering privacy and comfort across two separate residences. Located just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Fountain Square, and all that downtown Indianapolis has to offer, guests and owners alike enjoy walkable access to dining, nightlife, entertainment, and major event venues. The property has an established history as a professionally operated short-term rental with strong guest appeal and repeat demand. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a one-of-a-kind downtown property with built-in income potential, this is an opportunity that stands out in one of Indianapolis' most sought-after urban neighborhoods.

Listing Status:

Active

Data Last Updated:

July 27, 2026 at 7:20AM

Listing Office:

Ever Real Estate, LLC : 317-281-9239

Listing Agent:

Jimmy Perry : 317-281-9239

MLS ID:

22114368

Interior

• General: High CeilingsHardwood FloorsWood Work StainedEntrance Foyer
• Appliances: Gas OvenGas Water Heater
• Laundry: Upper Level
• Basement: Unfinished
• A/C: Other
• Heating: Forced AirNatural Gas
• Fireplace: Family RoomFireplaces: 1

Exterior

• Style: Traditional
• Other Structures: Covered
• Parking: Attached

Construction

• General: Two and a HalfBlock

Location

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

Lot

• Zoning: Soughton A Fletcher Jr Sub Pt L20 Ol94 Beg Ne Cor P.O.B. S118 Se11.7 E5.10 Sw30 Nw45 N133' E40' To Beg491112151019000101

Utilities

• Water: Public

Financial

• Source: mibor