422 Orange Street, Indianapolis
422 Orange Street, Indianapolis, IN 46225
Purpose unavailable
$325,000
Property Details
3
Bedrooms
3
Bathrooms
2,436
Sq Ft
1955
Year Built
Additional Information
Home Features
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
House-hack, rent it, or make the whole house your own. With estimated upstairs rent of approximately $900/month, 422 Orange Street offers a flexible two-space layout that gives an owner-occupant the opportunity to offset housing costs-or an investor multiple ways to think about the property. The current owner lived on the main level while renting the upstairs, which has its own exterior entrance, kitchenette, living space, bedroom, and full bath. An interior staircase connects the two floors: leave it open and the home functions naturally as one spacious residence, or close and lock the staircase door to create private living spaces upstairs and down. That flexibility also opens up possibilities for furnished or short-term rental strategies, whether renting the entire home or configuring the spaces differently as needs and demand change. The house has already received some of the updates that matter most. Two of the three bathrooms were completely rebuilt down to the subfloor, while fresh interior paint, new carpet, and updated flooring make the home feel clean, bright, and ready to settle into. Both kitchens are functional but leave room for a future owner to add value and update them to their own taste rather than paying a premium for someone else's renovation choices. Outside, the fully fenced backyard provides private space for dogs, kids, gardening, or summer evenings, while the detached garage offers off-street parking and storage that's especially valuable in an urban neighborhood. All of this sits in the heart of Bates-Hendricks, close to Fountain Square, Fletcher Place, Garfield Park, downtown, and some of the best of near-southside Indianapolis. For a house hacker, the appeal is easy to see: live downstairs and potentially collect around $900/month upstairs. For an investor, the flexible layout creates multiple potential rental configurations. And for a traditional buyer, simply open the staircase and enjoy the whole house.
Location
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422 Orange Street, Indianapolis, IN 46225
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Listing provided courtesy of Sylva Zhang at @properties
Contact: sylva@atpropertiesind.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
Based on information submitted to the MLS GRID as of October 23, 2026 at 2:32 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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