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$899,000
New Listing

545 Fletcher Avenue
Indianapolis, IN 46203

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,719
SqFt
$331
/SqFt
1900
Built
Subdivision:
Fletcher
County:
Marion
Listing courtesy of Ever Real Estate, LLC (317) 281-9239
Call Now: 317-965-4849
Is this the listing for you? We can help make it yours.
317-965-4849
545 Fletcher Avenue545 Fletcher Avenue545 Fletcher Avenue545 Fletcher Avenue
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Monthly Payment (Est.)

$4,102
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Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. The main residence offers 2,719 square feet of beautifully designed living space, while the separate carriage house adds an additional 1,351 square feet, creating over 4,000 square feet of combined living and guest accommodations. Currently operating as a successful Airbnb, this unique property offers exceptional flexibility for investors, owner-occupants, house hackers, or those seeking a high-demand hospitality asset near downtown Indianapolis. Designed with large groups and entertaining in mind, both homes feature stylish finishes, multiple gathering spaces, updated kitchens, and accommodations ideal for weekend visitors, corporate stays, sporting events, concerts, and convention traffic. The setup creates a rare opportunity to maximize guest capacity while offering privacy and comfort across two separate residences. Located just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, Fountain Square, and all that downtown Indianapolis has to offer, guests and owners alike enjoy walkable access to dining, nightlife, entertainment, and major event venues. The property has an established history as a professionally operated short-term rental with strong guest appeal and repeat demand. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or own a one-of-a-kind downtown property with built-in income potential, this is an opportunity that stands out in one of Indianapolis' most sought-after urban neighborhoods.

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Listing Snapshot
Price 
$899,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,719 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1900
MLS® Number 
22114368
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
11 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.12
Foundation 
Block
Garage 
Yes
Garage Spaces 
2
Parking 
Attached
Property Sub Type 
Single Family Residence
SqFt Total 
2719
Style 
Traditional
Water Source 
Public
Interior Features
Appliances 
Gas OvenGas Water Heater
Basement 
Unfinished
Cooling 
Other
Fireplace 
Yes
Fireplace Features 
Family Room
Fireplaces 
1
Flooring 
Hardwood
Heating 
Forced AirNatural Gas
Interior 
High CeilingsEntrance Foyer
Laundry Features 
Upper Level
Main Level Bedrooms 
1
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Exterior Features
Construction Details 
Wood Siding
Patio And Porch 
Covered
Community Features
Horse Property 
None
MLS Area 
4910 - Marion - Center
School District 
Indianapolis Public Schools
Township 
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Ever Real Estate, LLC (317) 281-9239



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-07-16 09:10 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.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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