850 N Dearborn Street

Indianapolis, IN 46201 (MLS #22122867)
$155,000

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.Read MoreRead Less
Courtesy of Wilmoth Group.
Days Online
25
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1915
MLS Number
22122867
Building
Construction Materials: Wood Siding, Year Built: 1915
Laundry
Description: Other
Lot
Features: Sidewalks, Acres: 0.1, MLS Acres: <1/4 Acre

Area snapshot

30 Days Snapshot Of 46201
$168k
(avg) sold price
-25%
35
homes sold
-7%
87
(avg) days on market
-13%
Nearby Schools
*Please check the school district website to see all schools in this area
Eliza Blaker School 55
Public
PK-5
KIPP Indy College Prep Middle School
Public
6-8
Arlington Middle School
Public
6-8
KIPP Indy Unite Elementary School
Public
KG-5
Crispus Attucks High School
Public
9-12
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

LockStep Realty
Always in Lockstep
Agent profile image

Properties

Similar Listings

View More Listings

LockStep Realty

Pre-market List

Our dedicated team of reliable agents diligently scouts for these exclusive off-market opportunities, guaranteeing you access to exceptional properties in sought-after locales before anyone else.

Join our list today!