46201 Homes with Cellar Basement

46201 Homes with Cellar Basement

Welcome to the vibrant neighborhood of Indianapolis, located in the heart of Marion County, with the zip code 46201. This area is rich in history and culture, offering a unique blend of urban conveniences and charming residential communities. With a diverse array of amenities, 46201 is an ideal place for families, young professionals, and anyone seeking to experience the dynamic lifestyle of Indianapolis.

One of the standout features of homes in this area is the presence of cellar basements. These versatile spaces provide endless possibilities for homeowners. Whether you envision a cozy family den, a home gym, or a creative workspace, the cellar basement can be transformed to suit your needs. The additional square footage not only enhances your living experience but also adds value to your home.

The neighborhood surrounding 46201 boasts a variety of parks, local eateries, and boutique shops, making it easy to enjoy the best of what Indianapolis has to offer. Residents appreciate the strong sense of community and the friendly atmosphere that defines this area. With easy access to major highways and public transportation, commuting to downtown Indianapolis or exploring the surrounding regions is a breeze.

As you consider making 46201 your home, envision the potential of a cellar basement and how it can elevate your lifestyle. This area is not just a place to live; it’s a community where you can thrive. Discover the charm of Indianapolis and find your dream home in this delightful zip code today!

Newest 46201 Homes with Cellar Basement

$480,000
Turnkey investment opportunity in the heart of Indianapolis's growing urban core. This fully renovated duplex is a true multifamily asset featuring two large mirror-image units, each offering 3 bedrooms and 2.5 bathrooms-for a total of 6 bedrooms, 4 full baths, and 2 half baths. The property is fully leased and generating $4,320/month in rental income, providing immediate, stabilized cash flow from day one. Each unit welcomes tenants with a covered front porch and opens into bright living spaces with 9-foot ceilings, historic exposed brick, and open-concept layouts. Updated kitchens include stainless steel appliances, soft-close cabinetry, and butcher block countertops. The main level of each unit also features a guest half bath and in-unit washer & dryer hookups, enhancing tenant appeal and retention. Upstairs, both units offer two spacious bedrooms with walk-in closets and a shared full bath, leading to a private primary suite with vaulted ceilings, a large walk-in closet, and tiled shower. Additional features include new LVP flooring throughout, basement storage, rear deck, fenced backyard, and split storage garage-providing functional amenities that support long-term tenancy. Separate entrances and mirrored layouts allow for streamlined management and leasing consistency. This property offers proven rental performance and minimal near-term capital needs. Located just over 1.5 miles from the Bottleworks District and Mass Ave, with quick access via the updated New York and Michigan Street corridors, tenants benefit from proximity to some of Indianapolis' top dining, entertainment, and employment hubs-supporting strong rental demand and long-term appreciation. A clean, stabilized asset ideal for investors seeking immediate income and low-maintenance ownership in a high-growth downtown submarket.

405 N Keystone Avenue, Indianapolis

Listing courtesy of @properties.

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