Sheldon Barnes
For Sale — 619 St Paul Street, Indianapolis, IN 46203619 St Paul Street
Indianapolis, Indiana 46203
Indianapolis & Cincinnati Railroad Crossing
3
Beds
2
Baths
2,269
Sq Ft
1920
Year Built
0.27
Acres
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ABOUT THIS HOME
Turn-Key Investment Opportunity! This income-generating property is currently producing $2,000/month in rental revenue! Whether you're a seasoned investor or just starting out, this is a low-maintenance, high-return asset perfect for building steady cash flow from day one.
Key things to know
- Hardwood floors throughout
- Currently rented at $2,000/month
- Central air and forced air heating
- Double sink in main bath
- Attic stairway with storage
Monthly payment
Estimate · $144,000
$962/mo
≈ $766 principal & interest · $195 tax
Estimate only. Actual payment depends on lender, taxes, insurance, and HOA. Down payment $28,800 on a loan of $115,200.
Price history
- Price reduced$149,000 → $144,000
May 4, 2026
- Listedat $240,000
Jul 14, 2025
Recent comparable sales
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605 Parkway Avenue
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962 Elm Street
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$235,000
747 E McCarty Street
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Sold May 2026
$335,000
1414 Leonard Street
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908 Dawson Street
3bd · 2ba · 1,594 sqft
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Comparative value
5 comps in this range
This home is 57% below median for similar nearby sales.
Want to know anything specific? Ask about updates, finishes, the basement, the yard — I read the listing's photos, MLS data, and remarks and cite what I find.
FEATURES & AMENITIES
Interior
Exterior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$240,000Listed· Jul 14, 2025
$144,000Reduced
↓ $96,000 (40.0% off original)
278 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.0 mi
- Monon Trail (Carmel)13.9 mi
- IU Health North Hospital14.4 mi
- Carmel Central Park14.5 mi
- Carmel High School14.5 mi
- Carmel Arts & Design District15.2 mi
PROPERTY DETAILS
Combined data from the listing and Hamilton County records
Living Area
2,269 sq ft
Year Built
1920
Stories
Two
Subdivision
Indianapolis & Cincinnati Railroad Crossing
Bedrooms
3
Bathrooms
2 full
School District
Indianapolis Public Schools