850 N Dearborn Street, Indianapolis, IN 46201

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Sold Price
$150,000
List Price
$155,000
Closing Date
Oct 01, 2026
MLS#
22122867
Days on Market
35
Status
SOLD

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.

Additional Information

Acres
0.10
Region
Center

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Calculator source: Real Geeks

Listing courtesy of Wilmoth Group. Selling Office: Keller Williams Indpls Metro N.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative