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Street View
$1,050,000
Monthly Est:$5,226
6 Beds
5 Baths
--sqft
1542 Bellefontaine St, Indianapolis, IN 46202
$1,050,000
$5,226/moEst:
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Triplex
Built in 2018
$-- HOA
3,311 sqft lot
--/sqft
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!
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 10:13 pm
- Listing Provided by: Kristin Glassburn (317) 513-4251 | @properties (317) 489-3441
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22124856
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2018
HOA Fees
-
Finished Area
- sqft
Lot Size
3,311 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22124856
MLS Status
Active
Days on Market
13
Cumulative Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Interior
Heating
Forced Air
Exterior Features
Carriage/guest House
Cooling
Central Air
Construction
Year Built
Year Built: 2018
Home type
Triplex
Architectural Style
Contemporary, Traditional
Construction Materials
Wood Siding
Property Condition
Updated/remodeled
Foundation Details
Concrete Perimeter
Utilities & Energy
Parking Features
Attached
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Laundry Features
Connections All
Basement
Ceiling 9+ Feet, Daylight, Egress Window(s), Finished, Full
Other Features
Subdivision Name
College Corner
Lot Features
Sidewalks, Street Lights, Trees Small (under 20 Ft)
Price History
| Date | Event | Price |
|---|---|---|
09/24/2026 Source: | Listed for Sale | $1,050,000 -10.64% $0/sqft |
12/25/2025 Source: | Listing Removed | $1,175,000 $0/sqft |
10/27/2025 Source: | Price Decreased | $1,175,000 -2.08% $0/sqft |
10/23/2025 Source: | Listed for Sale | $1,200,000 $0/sqft |
10/21/2025 Source: | Listing Removed | $1,200,000 +18.23% $0/sqft |
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Based on information from MIBOR REALTOR® Association through Oct 07, 2026, 06:00AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
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