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943 N Dearborn Street

Indianapolis, IN 46201 (MLS #MBR22054282)
$225,000

Description

This fully remodeled duplex at 941-943 North Dearborn presents a strong investment opportunity in a desirable and growing area of Indianapolis. Each side of the property features 3 bedrooms and 1.5 bathrooms, making it ideal for long-term tenants or an owner-occupant. The 941 unit is currently leased at $1,500 per month through August 2026, providing immediate, stable rental income. The 943 unit is vacant and move-in ready, offering flexibility for additional rental income or personal use. If rented at the same $1,500 rate, the property would generate $3,000 in monthly income-exceeding the 1% rule and delivering strong cash flow. The… Read MoreRead Less
Courtesy of eXp Realty, LLC.
Days Online
26
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1910
MLS Number
MBR22054282
Basement
Description: "Unfinished"
Building
Construction Materials: "Wood Siding", "Brick", Levels: "Two", Year Built: 1910
Cooling
Details: "None", "Window Unit(s)"
Heating
Heating: "Forced Air"
Laundry
Description: "Other"
Lot
Features: "Access", "Sidewalks", Acres: 0.1, MLS Acres: <1/4 Acre
Roof
Description: "Metal"

Area snapshot

30 Days Snapshot Of 46201
$285k
(avg) sold price
+47%
10
homes sold
-76%
111
(avg) days on market
+20%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
IPS Butler University Laboratory School 55
Public
PK-8
Shortridge High School
Public
9-12
George Washington High School
Public
9-12
Snapshot
Area Map

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Monthly Payment
$0

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

Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.

Information Deemed Reliable But Not Guaranteed.

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