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Listed by Evan Wilbrandt • Wilmoth Group
$ 155,000
Est. payment /mo
Pending
850 N Dearborn ST Indianapolis, IN 46201
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision E T Woods Oakland Park
MLS Listing ID 22122867
Year Built 1915
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
If you are in the market to add an investment property to an existing portfolio or purchase your first investment property do not pass this one up. The current monthly income is $2032 and both tenants have leases that do not end until 2027. The roof was replaced earlier in 2026 and the furnaces are about 6 years old. This property is conveniently located within minutes of shops, restaurants, and a grocery store. Occupants can easily get where they need to go including downtown Indianapolis after a short commute. The units feature hard surfaced flooring throughout making maintenance a breeze. The units are spacious enough for tenants to have plenty of room to relax or entertain guests but efficient enough to not be a maintenance burden. Pictures were taken prior to tenants occupying units. Tenants rights apply. Please do not disturb tenants if driving by.
Location
State IN
County Marion
Interior
Fireplace N
Building
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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