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$205,000
8 Days Online

845 N Dearborn Street
Indianapolis, IN 46201

For Sale|Multi-Family|Pending
Subdivision:
E T Woods Oakland Park
County:
Marion
Listing courtesy of Wilmoth Group 317-842-3400
Call Now: 317-578-3220
Is this the home for you? We can help make it yours.
317-578-3220
845 N Dearborn Street845 N Dearborn Street845 N Dearborn Street845 N Dearborn Street
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Welcome to your next investment venture! This charming duplex, located at 845 N Dearborn St, Indianapolis, offers an excellent opportunity for savvy investors or homebuyers looking to generate passive income. Key Features: Prime Location: Situated in a desirable neighborhood, this property offers convenience and accessibility to local amenities, schools, and transportation routes. Income Potential: One side of the duplex is currently leased, providing a steady rental income of $995 per month. With one tenant already in place, you can start earning from day one. Versatile Living Space: The other side of the duplex is vacant and ready for occupancy. Whether you're looking to rent it out for additional income or move in yourself, this flexible space offers endless possibilities. Investment Flexibility: Investors have the option to rent out both units for maximum rental income or live in one unit while renting out the other to offset mortgage expenses. Low Maintenance: With separate entrances for each unit, maintenance and management are streamlined, making this property an attractive option for landlords. Investment Potential: Rental Income: The current rental income from one unit provides a solid foundation for immediate cash flow. With the second unit ready for occupancy, you have the potential to double your rental income. Appreciation: Indianapolis' real estate market has shown steady appreciation over the years, offering the potential for long-term capital growth on your investment. Don't Miss Out! Whether you're an experienced investor or a first-time buyer, 845 N Dearborn St presents an excellent opportunity to capitalize on the thriving Indianapolis real estate market. Schedule a viewing today and unlock the potential of this lucrative investment property!

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Listing Snapshot
Price 
$205,000
Days Online 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1920
MLS® Number 
21979857
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS®
16 hours agoStatus changed to Pending
a week agoListing first seen online
General Features
Style 
Traditonal American
Construction 
Aluminum Siding
Number of Stories 
2
Acreage 
0.11
Property Sub Type 
Duplex
Attached Garage 
No
Parking 
Alley Access
Lot Features 
Sidewalks
Interior Features
Heating 
Forced Air
Laundry Features 
No Laundry Facil.
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Exterior Features
Lot 
Sidewalks
Construction Details 
Aluminum Siding
Community Features
Township 
Center
MLS Area 
4912 – Marion – Center Ne
Listing courtesy of Wilmoth Group 317-842-3400



Listings courtesy of mibor as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2024-05-16 09:35 PM UTC. 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 or may not be listed by the office/agent presenting the information.

Copyright © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
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