29 E Palmer Street, Indianapolis, IN 46225
- $375,000
- 5
- BD
- 4
- BA
- 2,520
- SqFt
- Sold Price
- $375,000
- List Price
- $369,000
- Closing Date
- Jun 08, 2026
- MLS#
- 22070271
- Property Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Sqft. of Residence
- 2,520
- Year Built
- 1890
- Days on Market
- 215
- Status
- SOLD
Property Description
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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Additional Information
- Basement
- Unfinished
- Foundation
- Crawl Space, Partial
- Stories
- Two
- Architecture
- Contemporary, Ranch
- Interior
- Breakfast Bar
- Acres
- 0.17
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Financing
- Conventional, FHA, VA
- Appliances
- Dishwasher, Gas Oven, Refrigerator
- Semi-Annual Taxes
- $1,407
- Garage
- Yes
- Garage Parking
- Other
- Region
- Center
- Eating Areas
- Dining Combo/Kitchen
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Listing courtesy of Highgarden Real Estate. Selling Office: The Indy Realty Shop.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative