1340 N Park Avenue

Indianapolis, IN 46202

Prime Investment Package in Indianapolis' Historic Old Northside | 1340 N Park Ave & 517 E 14th St Indianapolis, IN. Located in the heart of the historic Old Northside, this unique investment opportunity includes a fully leased luxury 5-unit condominium building at 1340 N Park Ave and a beautifully renovated single-family Airbnb at 517 E 14th St. This portfolio offers a rare blend of stable rental income and short-term rental upside, all within close proximity of the city's most vibrant destinations. 1340 N Park Ave | This meticulously maintained property features five spacious 2-bedroom, 2-bathroom condos, each outfitted with modern finishes and in-unit laundry hookups. With contemporary layouts and luxury touches throughout, these condos are ideal for professionals seeking high-end urban living. Fully occupied with long-term tenants. Penthouse unit includes a private rooftop deck with sweeping city views. Off street/assigned parking. 517 E 14th St | Located in the rear of the property, this standalone single-family home is currently operating as a successful Airbnb, offering flexibility and additional revenue potential. The property includes: 2 bedrooms, 2 full baths, 1 half bath, an attached garage for off-street parking, and a private rooftop deck, perfect for guests with views of downtown. Located on a quiet street, yet close to downtown action. Situated just a few blocks from Mass Ave, Bottleworks District, the YMCA, and countless restaurants, bars, and shops, this portfolio sits in one of Indianapolis' most sought-after neighborhoods. The Old Northside offers charm, character, and convenience-all wrapped in a walkable, culturally rich setting. This offering is perfect for investors looking for turn-key properties with historic charm, modern amenities, and strong income potential in a high-demand area.

Listing courtesy of The Agency Indy 8126990459



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Based on information submitted to the MLS GRID as of 2025-05-15 02:54 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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