1542 Bellefontaine ST, Indianapolis, IN 46202
1542 Bellefontaine ST, Indianapolis, IN 46202
1542 Bellefontaine ST, Indianapolis, IN 46202
1542 Bellefontaine ST, Indianapolis, IN 46202
1542 Bellefontaine ST, Indianapolis, IN 46202
1542 Bellefontaine ST, Indianapolis, IN 46202
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Jason Terry

Jason Terry

+1(317) 678-7667
Listed by Kristin Glassburn • @properties
$ 1,050,000
Est. payment | /mo

3,484 Sqft Lot

Save
$ 1,050,000
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision College Corner

MLS Listing ID 22124856

Year Built 2018

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Triplex

Property Description

Income-producing luxury triplex in Old Northside, one of downtown Indy's most in-demand rental markets! Three separate units deliver multiple income streams: a 3 bed/3.5 bath main house, a 2 bed/1 bath lower-level unit and a 1 bed/1 bath carriage house, 6 beds, 5.5 baths and 3.5 kitchens in all. Proven operating history shows an approx. 7.4% cap rate at list price (before taxes and insurance; financials available upon request). Keep it as a turnkey furnished rental, lease long-term, or owner-occupy one unit while the others help cover the mortgage. Finishes that command premium rents: chef's kitchen with Cafe appliances, open living and dining with abundant natural light, primary suite with walk-out balcony, and a third-floor entertainment level with half kitchen, full bath and rooftop hot tub with skyline views. Carriage house has its own kitchen and private patio. 3-car garage. Walk to the Monon Trail, Mass Ave and Bottleworks, where tenants and guests want to be!

Location

State IN

County Marion

Zoning D8

Rooms

Basement Ceiling - 9+ feet, Daylight, Egress Window(s), Finished, Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Carriage/Guest House

Garage Spaces 3.0

View Y/N true

View Downtown, Neighborhood

Building

Story Three Or More

Foundation Concrete Perimeter

Architectural Style Contemporary, Traditional

Structure Type Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

Nearby Locations

Jason Terry

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 678-7667

jason@bespoque.properties

760 S Rangeline Rd, Carmel, IN 46032-3035, USA

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1542 Bellefontaine ST