1863/1865/1867 Orleans StreetIndianapolis, IN 46203
Mortgage Calculator
Monthly Payment (Est.)
Enter an interest rate to see your estimated monthly payment.Take a look at this crazy good opportunity on the near SE side of downtown Indy, in the hot hot hot Bates Hendricks Neighborhood, where renovation is everywhere & equity is growing by the day. Sold individually or as a package, two free-standing homes sit right next to each other and come with an undeveloped third lot, making this a pretty unique investment package. How could you make this corner compound the shing star of your portfolio? Would you live in one and rent the other? Rent them both long-term? Maybe build a third to make the site even more lucrative? OR would you furnish them cute & turn this corner into your own Airbnb compound? They are PERFECT short-term rentals for all the guests who come to Indy to enjoy sports, entertainment and work contracts. Both homes have been recently renovated and are absolutely turn key right now. There are plenty of ways to make this package a cash cow that you can grow by adding a third residence OR by upping your rental rates w/ unique amenities within your compound that the third lot can accommodate (think: personal playground, volleyball pit, hottub, grilling station, etc - ALL the things that guests will pay top-dollar for during their long weekend stays or employment contracts. The possibilities are endless with TWO renovated homes, an additional lot, and a great location, and NO HOA to tell you what you can do with all this. Come take a look for yourself!
| 5 hours ago | Listing first seen on site | |
| 5 hours ago | Listing updated with changes from the MLS® |
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 2026-09-25 02:21 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.