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1863/1865/1867 Orleans Street

Indianapolis, IN 46203

ActiveListed Sep 24, 2026 · 23 days on market

Key facts

Lot
0.17 acres
Year built
1910
Type
Residential Income · Duplex
Stories
One
Garage
1 space
MLS #
22127248
County
Marion
Subdivision
Beatys

About this home

Take a look at this crazy good opportunity on the near SE side of downtown Indy, in the hot hot hot Bates Hendricks Neighborhood, where renovation is everywhere & equity is growing by the day. Sold individually or as a package, two free-standing homes sit right next to each other and come with an undeveloped third lot, making this a pretty unique investment package. How could you make this corner compound the shing star of your portfolio? Would you live in one and rent the other? Rent them both long-term? Maybe build a third to make the site even more lucrative? OR would you furnish them cute & turn this corner into your own Airbnb compound? They are PERFECT short-term rentals for all the guests who come to Indy to enjoy sports, entertainment and work contracts. Both homes have been recently renovated and are absolutely turn key right now. There are plenty of ways to make this package a cash cow that you can grow by adding a third residence OR by upping your rental rates w/ unique amenities within your compound that the third lot can accommodate (think: personal playground, volleyball pit, hottub, grilling station, etc - ALL the things that guests will pay top-dollar for during their long weekend stays or employment contracts. The possibilities are endless with TWO renovated homes, an additional lot, and a great location, and NO HOA to tell you what you can do with all this. Come take a look for yourself!

Description provided by the listing brokerage.

Interior

Condition
Updated/Remodeled

Exterior

Exterior features
Barn Mini
Roof
Asphalt
Construction
Vinyl Siding
Foundation
Crawl Space
Style
BungalowTraditional
Parking and garage
Alley AccessDetached
Fencing
Chain LinkFullPrivacyFront YardGate

Lot and HOA

Lot features
City LotCorner LotCurbsSidewalksStorm SewerStreet Lights
Zoning
residential

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,460 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,555per month, estimated
Principal and interest $1,185Property tax $288Insurance $82
20% · $47,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$235,000
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