Key facts
- Beds
- 2
- Baths
- 2 full
- Living area
- 808 sqft
- Lot
- 0.05 acres
- Year built
- 1920
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22128781
- County
- Marion
- Subdivision
- Bates
- Total building area
- 1,128 sqft
About this home
Unique Residential or Commercial Opportunity - Active Short-Term Rental Near Downtown Rare opportunity to own a commercially zoned property currently operating as a successful Airbnb just minutes from downtown. This beautifully updated two-bedroom, two-bath space offers a flexible layout featuring a spacious loft and an expansive upper deck with stunning city views. Thoughtfully renovated with modern finishes, the interior boasts open-concept living areas, updated kitchen and baths, and abundant natural light throughout. The large loft provides additional sleeping or lounge space, maximizing guest capacity and rental appeal. The private upper-level deck is a true highlight - perfect for entertaining or relaxing while enjoying panoramic skyline views. Located near downtown with excellent walkability to restaurants, breweries, coffee shops, and entertainment, this property sits in a highly desirable area for both short-term rental guests and business visibility. Easy access to major highways, cultural districts, and local attractions further enhances its value. Ideal for investors seeking immediate income potential, entrepreneurs wanting a live/work concept, or buyers looking for a distinctive commercial space in a prime urban location. A rare blend of location, versatility, and income-producing potential - opportunities like this don't come around often.
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Kitchen
- Basement
- Rooms
- 6
- Main-level bedrooms
- 1
Exterior
- Patio and porch
- Construction
- Foundation
- Style
Systems
- Heating
- Cooling
- Water
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $4,364 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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