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Back 1701 Fletcher Avenue
Off Market

1701 Fletcher Avenue

Indianapolis IN 46203

3
3833 sq. ft.
Duplex
Last sold for $276,375
Bernard GoodmanBernard Goodman, last sold this property on 24 June 2026 after 89 days on market.

Overview

Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential. Each of the three units has been recently updated (2018-2019), making this a true turnkey investment. Whether you're looking to expand your portfolio or start fresh in real estate investing, the cash flow potential is here. With Fountain Square continuing to grow as one of the city's most desirable neighborhoods which should afford continued rent and value appreciation with an already 7% cap rate, which is excellent for a prime area. Don't let this opportunity slip away-multi family in prime locations like this are few and far between!

Features

3 carspaces
3 carport spaces
3833 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 1701 Fletcher Avenue is $211k.

Median value
$211k
Estimated value range
$69.9k - $675k
Median days on market
24
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1701 Fletcher Avenue

2026
Sold
$276,375
24 Jun 2026 by Bernard Goodman, of Compass Indiana, LLC
2023
Sold
$271,420
23 Aug 2023 by Ryan Rominger, of Compass Indiana, LLC
2020
Sold
$175,000
10 Sep 2020 by Joel Aguilar, of FS Houses LLC

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 46 duplexes similar to 1701 Fletcher Avenue, have been sold.

This represents a 48% decrease in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

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Damian Szostak

Damian Szostak is a recommended agent for Indianapolis.  They have collected 2 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  2 Reviews in Indianapolis
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Reggie Jackson

Reggie Jackson is a recommended agent for Indianapolis.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   4.7   (7 reviews)
  •  2 Reviews in Indianapolis
  •  1 Sale in Indianapolis
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Zach Purdy

Sellers who recommend Zach Purdy have praised them for being clear communication, local expert, and responsive

  •   5   (38 reviews)
  •  1 Review in Indianapolis
  •  2 Sales in Indianapolis
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Kimberly Papp

Kimberly Papp is a recommended agent for Indianapolis.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Indianapolis
  •  2 Sales in Indianapolis
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