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    950-952 N California St Indianapolis, IN 46202

    For Sale
    $1,300,000

    Victorian, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.20 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 950-952 N California St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    D5
    Rooms
    Basement
    APN
    491102149013000101
    Exterior features
    Balcony, Lighting
    Basement Y/N
    1
    Lot size
    0.20 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2018
    Number of units
    3
    Roof type
    Shingle
    Architectural style
    Victorian

    Indy Metro Northeast dba Keller Williams Realty (317) 564-7100 [email protected]

    Listing agent Jaswinder Samra (317) 564-7100 License #RB14042693

    Listing date Jul 7, 2025

    MLS# 22036303 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Airbnb Portfolio Near IU

    This offering comprises a package sale of three parcels: 950 N California St, 952 N California St, and 609 W 10th St, presenting an investor opportunity with three Airbnb properties near IU Indianapolis and the Canal. This turnkey portfolio features three active short-term rental homes in downtown Indianapolis. All units are within walking distance of IU Indianapolis, IU Health & Eskenazi hospitals, Canal Walk, and White River State Park. Each property is fully furnished, professionally managed, and generates reliable income with strong occupancy. The properties feature modern updates and off-street parking. The portfolio includes a mix of 3-bedroom and 5-bedroom units. One property has a basement, and each property has different floor plans. These properties are suitable for a 1031 Exchange, multi-unit investors, or owner/operators.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.170046925545
    Latitude
    39.780714458531

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    FAQs

    What type of property is this?
    Short term rental property - Three fully furnished short-term rental properties near IU Indianapolis & Canal.
    Where is this short term rental property located?
    The property is located at 950-952 N California St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Turnkey portfolio of 3 active Airbnb properties in downtown Indianapolis.; - Proven income generation with strong occupancy.; - Walking distance to IU Indianapolis, IU Health & Eskenazi hospitals, Canal Walk, and White River State Park.
    (317) 564-7100
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    950-952 N California St Indianapolis, IN 46202
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