Views
Address
1041 S East Street, Indianapolis, IN
Price
$ 345,000
Property Attributes
  • MLS#22086547
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodBates
  • Zip46225
  • StyleTraditional
  • Year Built1920
  • Taxes$ 4132
  • Price$ 345,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1128
  • Lot Size0.05 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

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.

Price History
4/6/2026 Listed $350,000
6/29/2026 2$345,000

General Features

Heating Forced Air
Cooling Central Air
Possession Negotiable
Appliances Dishwasher,Microwave,Electric Oven,Refrigerator,Water Heater
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1920
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Bates
Garage Y/N No
Total Rooms 6
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 2222
Property Attached Y/N Yes
Standard Status Active
Tax Lot 101
Legal Description Hendricks Sub 28.50Ft N Of 63Ft S End L44thru L46 Ol99 Ex 14Ft W Side L44 For St

Interior Features

Interior Amenities High Ceilings,Hi-Speed Internet Availbl
Basement Unfinished
Basement (Y/N) Yes
Total Bedrooms 2
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Parking Features None
Water Source Public
Foundation Details Block
Building Area Total 1128
Lot Size Acres 0.05
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46225

Price
AVG $250K
$350K
Taxes
AVG $3,311
$4,132
Year Built
AVG 1928
1920
Visits
AVG 98
211
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.