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29 E Palmer Street, Indianapolis, IN 46225

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
29 E Palmer Street,Indianapolis, IN 46225
$369,000
  • 5 Beds
  • 4 Baths
  • 2,100 sq. ft.
  • Single family
  • Active
Listed by: gabriela gonzalez
Office: highgarden real estate
MLS#:22070271
Source:IN_MIBOR

Price summary

  • Price:$369,000
  • Price per sq. ft.:$146.43

About this home

Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you'll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches. The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you're looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.

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Home facts

  • Year built:1890
  • Listing ID #:22070271
  • Added:125 day(s) ago
  • Updated:March 12, 2026 at 05:28 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Gas Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:2,100 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1890
  • Building area:2,100 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Contemporary, Ranch
  • Construction Materials:Stone
  • Foundation Description:Crawl Space, Partial

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$369,000
  • Price per sq. ft.:$146.43

Features and amenities

  • Appliances:Refrigerator

Parking

  • Garage:Yes
  • Garage spaces:2
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