615 Orange St

Indianapolis, IN 46203
List Price
$429,900
615 Orange St
615 Orange St - Image 2
615 Orange St - Image 3
More photos

Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

Login to view details
Jason Royer
Jason Royer
Savvy STR Agent

About This Property

Located in the north end of Bates Hendricks offering easy access to East Street and to the heart of downtown Indy. 615 Orange Street has been completely transformed to it's current status. Come check out this 4 bedroom, 3 full bath home. The first floor features one bedroom on the main level for anyone that doesn't want to climb those stairs anymore. As you walk in the front door, you will be greeted by wide open spaces. Large living room, dining room and kitchen are all open to each other and offer great spots to congregate. Kitchen has ample cabinets and counter space. If you have ever been in a crowded kitchen while trying to cook or clean up, you will absolutely appreciate this kitchen. You will never, ever, ever feel crowded in this kitchen. The upstairs has 3 bedrooms with 2 full baths. The master bedroom and bathroom are massive and they feel like a true getaway. The second level also features a laundry room so you won't have to carry laundry downstairs. Outside has two components to it. The front has a large covered front porch with plenty of room to sit outside with a cup of coffee or just talk with friends. The back of the house features a wooden deck off of the kitchen with a seating area. There is also an area off the deck that contains a fire pit and more seating area. Great for late nights when it gets cool. There is also a 1 car detached garage that has been converted more into a game room/hangout. Open up the door, get in some arcade games, foosball and just hang out. The area in the back can also be utilized for off street parking if someone desires. The home is currently being utilized as a short term rental (STR) and showings will be subject to when a guest checks out.

Property Details

4
Bedrooms
3
Bathrooms
2,958
Square Feet
1906
Year Built
0.07 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI (optimized)
Avg Daily Rate
Avg Occupancy

Comparable Airbnb Listings

Revenue data from similar short-term rentals in the area

Stay+Play Indy | Arcade Games | Great for Families

Stay+Play Indy | Arcade Games | Great for Families

Indianapolis, IN

ADR
Occupancy
Revenue
Login to view details
View on Airbnb
Luxury Retreat | Stadiums & DT | Sleeps 13

Luxury Retreat | Stadiums & DT | Sleeps 13

Indianapolis, IN

ADR
Occupancy
Revenue
Login to view details
View on Airbnb

Savvy Recommended Upgrades

Install Hot Tub

Est. $10,000$10,000

Your Agent

Jason Royer

Jason Royer

STR Investment Specialist

Indianapolis, IN

0
Deals Closed
24
Years Experience

Investment Calculator

Calculate your potential returns with real property data

Est. Monthly Cash Flow
Cash-on-Cash Return

Listing agent: Jason Royer. Listing courtesy of eXp Realty, LLC. Information deemed reliable but not guaranteed.

Financial & Investment Disclaimer: All information on this website is for informational purposes only and is believed accurate to the best of our knowledge but is not guaranteed. Nothing constitutes financial, tax, legal, or investment advice. All investments involve risk and you may lose some or all of your capital. Projections, case studies, and examples are illustrative only and not guarantees of future results. Agents operate independently under their own brokerages. Savvy may receive affiliate or referral compensation. Intended primarily for US residents. Conduct your own due diligence and consult your own professionals. Full disclosure applies.