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29 E Palmer Street
Courtesy of Highgarden Real Estate, Gabriela Gonzalez Listing Contact:  
Sold

29 E Palmer Street

29 E Palmer Street, Indianapolis, IN 46225

$375,000
Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are month-to-month, providing excellent flexibility for investors or future owner-occupants. Inside, you'll find updated finishes throughout, modern bathrooms, and a stylish kitchen with contemporary touches. The home also features a spacious basement offering endless opportunities-perfect for storage, expansion, or additional living space. Whether you're looking to expand your rental portfolio or secure a downtown home with income potential, this property is a rare find. Square footage is approximate and not actual.

5
beds

4
baths

2,100 Sq.Ft. LIVING AREA

7,318 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms4
  • full bathrooms3
  • half bathroom1
  • APPLIANCES Dishwasher, Gas Oven, Refrigerator
  • other interior Features Breakfast Bar

Area & Lot

  • Status Sold
  • Date Sold June 8, 2026
  • Living Area2,100 Sq.Ft.
  • Total Area2,520 Sq.Ft.
  • Lot Area7,318 Sq.Ft.
  • MLS® ID22070271
  • TypeResidential
  • YEAR BUILT1890
  • Architecture StylesContemporary, Ranch
  • School DistrictIndianapolis Public Schools

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • parkingAlley Access, Attached, Carport
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGCentral Air
  • SubstructureCrawl Space, Partial

Financial

  • Sales Price$375,000

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