264 E Caven Street

Indianapolis, IN 46225

Welcome to an exceptional opportunity in the heart of one of Indy's most sought-after neighborhoods-Bates-Hendricks! This rare all-brick, 5-bedroom, 2 full bath home offers the perfect blend of historic character, size, and investment potential. With 2,842 square feet across the main and upper levels, this property is a true diamond in the rough-ideal for investors, house hackers, or buyers looking to create their dream home in a rapidly appreciating area. Step inside and envision the possibilities. The home features a unique layout with a separate upper-level living space, complete with 2 bedrooms, a full bath, and its own kitchen, making it perfectly suited for multi-generational living, rental income, or a duplex-style conversion. A side deck w/ private entrance enhances the flexibility and privacy of the upstairs unit-an incredibly desirable feature. Outside, you'll find amenities that are nearly impossible to come by in this neighborhood: A detached 1-car garage (a rare find in Bates-Hendricks) Gravel parking pad with space for 4 vehicles And the crown jewel-the adjacent vacant lot at 272 E Caven St can be INCLUDED in the sale w/ the right offer. This additional lot provides endless possibilities: expand the existing home, build new construction, create a private outdoor oasis, or hold as a long-term investment. Opportunities like this-side-by-side parcels in Bates-Hendricks-are extremely scarce. Located just minutes from downtown Indy, Fountain Square, and major highways, you're perfectly positioned to enjoy the growth, development, and vibrant community that make this area one of the city's hottest markets.

Listing courtesy of RE/MAX Advanced Realty (317) 717-4510



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 2026-03-23 01:44 PM 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.

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