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Listed by James Canull • Indy Home Shop LLC
$ 416,250
$ 435,000 4.3%
Est. payment /mo
Sold on 06/04/2026
717 S Illinois ST Indianapolis, IN 46225
3 Beds
1 Bath
1,948 SqFt
UPDATED:
Key Details
Sold Price $416,250
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $213
Subdivision Norwood
MLS Listing ID 22094593
Bedrooms 3
Full Baths 1
Year Built 1890
Tax Year 2024
Lot Size 2,178 Sqft
Property Sub-Type Single Family Residence
Property Description
Turnkey Downtown Airbnb in the Heart of Indianapolis' Event District Welcome to one of the most strategically located short-term rental opportunities in Indianapolis. Situated just steps from Lucas Oil Stadium and the Convention Center, this property sits directly in the path of the city's largest events - where demand, walkability, and premium nightly rates all come together. Airbnb revenue in downtown Indy is driven by major events - conventions, Colts games, concerts, and national tournaments - and the majority of that activity is centered right here. Guests consistently prioritize locations they can walk to, and this property delivers exactly that. Simply put - there is no better location to capture that demand. Why This Property Stands Out: * Located in the core downtown event corridor * Walkable to Lucas Oil Stadium & the Convention Center * Strong short-term rental demand tied to year-round events * Ideal for maximizing occupancy and premium pricing Fully Turnkey - Ready to Generate Income This home is being offered fully furnished and equipped, including: * Beds, couches, and TVs * Kitchen items, cookware, and dishware * Towels, linens, and decor Start operating immediately and generating revenue from day one - or request a clean slate if you prefer to design your own space. The Opportunity Whether you're looking to expand your portfolio or step into your first short-term rental, this property offers a rare chance to own a cash-flowing asset in one of Indianapolis' highest-demand locations. Use it to offset your mortgage, generate consistent income, or build long-term equity - all while owning in a vibrant, walkable downtown setting. A rare, turnkey Airbnb in a location guests actively seek out.
Location
State IN
County Marion
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Equipment None
Exterior
Exterior Feature Not Applicable
Building
Story Two
Foundation Brick/Mortar
Water Public
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools

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