422 Orange ST, Indianapolis, IN 46225
422 Orange ST, Indianapolis, IN 46225,Video Tour
422 Orange ST, Indianapolis, IN 46225
38
See all 37 photos
Listed by Sylva Zhang • @properties
$320,000
Est. payment /mo
Save Virtual Tour
4,356 Sqft Lot
New

422 Orange ST Indianapolis, IN 46225

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

+1(317) 652-0436

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Bates

MLS Listing ID 22133867

Year Built 1955

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Duplex

Property Description

Two units, freshly updated, in near-southside Indianapolis: 422 Orange Street is offered at $320,000. This home in the heart of Bates-Hendricks gives you two income streams, or the option to live in one unit and let the other help pay the mortgage. Together, the projected rents total $3,200/month ($38,400/year), which meets the 1% rule investors use for screening. The downstairs unit (est. $2,200/month) has three bedrooms, 1.5 baths and a full kitchen. It also has features most rentals can't offer: a fully fenced backyard for dogs, kids or gardening, and a detached garage with off-street parking and storage, which is especially valuable in an urban neighborhood. The upstairs unit (est. $1,000/month) has its own exterior entrance, a full bath, a bedroom with a generous closet, and an open-concept kitchen and living area. The current owner lived on the main level and rented the upstairs, so this setup has already been proven. The bathrooms were redone this year, and the home also has fresh paint, new carpet and updated flooring throughout. Both kitchens are functional and leave room for a future owner to add value on their own terms. An interior staircase connects the two floors: lock the staircase door for two private units, or open it to use the home as one spacious residence. That flexibility also opens the door to furnished or short-term rental strategies as demand changes. The home is close to Fountain Square, Fletcher Place, Garfield Park and downtown. Rental figures are estimates and not guaranteed; buyer to verify all information.

Location

State IN

County Marion

Zoning D8

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Garage Spaces 1.0

Roof Type Asphalt

Building

Story Two

Architectural Style Craftsman

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

Others

Virtual Tour https://my.matterport.com/show/?m=tk5AanRqWRr

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jamie Spitler, CLHMS

Jamie Spitler, CLHMS

Team Leader RBRB17000110

+1(317) 652-0436

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Coldwell Banker Stiles, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

422 Orange ST

QUICK SEARCHES IN SCHOOL DISTRICTS
There are 20 quick searches