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Turnkey Short-Term Rental Portfolio

950-952 N California Street, Indianapolis, IN 46202

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For Sale

$1,300,000

MULTI_FAMILY - Victorian - Indianapolis, IN

Lot size:

0.20 Acres

HighLights

Package sale includes 3 parcels: 950 N California St, 952 N California St, and 609 W 10th St
Three active Airbnb properties near IU Indianapolis and Canal
All properties are fully furnished and professionally managed
Off‑street parking available at the properties
Unit mix includes 3BR and 5BR layouts (one property has a basement)
Cooling: central air; Roof: shingle; Balcony and exterior lighting noted; Year built: 2018

We can help!

Listing Contact

Jaswinder Samra

For Sale

$1,300,000

MULTI_FAMILY - Victorian - Indianapolis, IN

Lot size:

0.20 Acres

Added:: May 5, 2025
Days on Market:: 406
Last Refresh:: Jun 14 at 9:06 am

Property Features for 950-952 N California Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: D5
Rooms: Basement
Exterior features: Balcony, Lighting
Basement: Partial
Standard status: Active
APN: 491102149013000101
Lot size: 0.20 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Meikels Sub L12 Ol164

Utilities

Cooling system: Central Air

Building Details

Year built: 2018
Floors in Building: 3
Number of units: 3
Roof type: Shingle
Architectural style: Victorian

We can help!

Listing Contact

Jaswinder Samra

Listing agent Jaswinder Samra License #RB14042693

Listing office Keller Williams Indy Metro NE River Rd Ste 200 8555, Indianapolis, IN

Listing date May 5, 2025

MLS# 22036303 Listing URL

HighLights

Package sale includes 3 parcels: 950 N California St, 952 N California St, and 609 W 10th St
Three active Airbnb properties near IU Indianapolis and Canal
All properties are fully furnished and professionally managed
Off‑street parking available at the properties
Unit mix includes 3BR and 5BR layouts (one property has a basement)
Cooling: central air; Roof: shingle; Balcony and exterior lighting noted; Year built: 2018

Overview

This sale is a package of three separate parcels that together offer a turnkey short-term rental portfolio. The properties include 950 N California St, 952 N California St, and 609 W 10th St, and are currently operated as active Airbnb listings. Each home is fully furnished and professionally managed, with modern updates noted for the residences. Unit layouts include a mix of 3BR and 5BR configurations, and one of the properties includes a basement. Off-street parking is featured for the homes in the package.

The portfolio is situated in Downtown Indianapolis, with all three homes described as walkable to Indiana University Indianapolis, IU Health and Eskenazi hospitals, Canal Walk, and White River State Park. The combined package provides multiple floor plans within a concentrated area for short-term stays.

For investors and owner-operators, the offering presents a ready-to-operate structure built around furnished, managed short-term rentals across three homes. The multiple-bedroom mix can support different group sizes, while the shared focus on active Airbnb operation and off-street parking may simplify tenant experience for renters seeking short-term accommodations near downtown destinations. The properties are being sold together as one package under zoning listed as D5.

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Location Insight

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Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.1700469
Latitude: 39.7807145

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For sale
Short term rental properties
IN
Indianapolis
46202
950-952 N California Street

What type of property is this?

Short term rental property - Three active, fully furnished Airbnb homes with off-street parking, professionally managed and offered as a package.

Where is this short term rental property located?

The property is located at 950-952 N California Street 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: Package sale includes 3 parcels: 950 N California St, 952 N California St, and 609 W 10th St; Three active Airbnb properties near IU Indianapolis and Canal; All properties are fully furnished and professionally managed

950-952 N California Street, Indianapolis, IN 46202

MULTI_FAMILY - Victorian - Indianapolis, IN

Property Features for 950-952 N California Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Value-Add Commercial Opportunity in Indianapolis

Hard-Corner Retail/Office Building

Freestanding Office Building on Shadeland

Freestanding Office Building on Shadeland

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Keystone Avenue Redevelopment Opportunity

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