1407 S Alabama Street, Indianapolis, IN 46225

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Sold Price
$281,750
List Price
$309,999
Closing Date
Nov 24, 2025
MLS#
22065600
Days on Market
49
Status
SOLD

Property Description

Income-Producing Duplex in the heart of Bates Hendricks - Fully Remodeled & Move-In Ready! Discover this charming duplex in the highly desirable Bates Hendricks neighborhood, where modern updates meet timeless character. Each identical unit offers 2 bedrooms, 1 full bathroom, and its own garage space, providing comfort and convenience for both residents and tenants alike. Step inside and you'll find a home that has been completely remodeled with stylish finishes throughout, including luxury vinyl plank flooring, fresh paint, and sleek euro-style kitchens. Everything is move-in ready - just close on the purchase, place your tenants, and start generating income immediately. Enjoy the outdoors on the covered front porch or entertain in the spacious backyard, which offers even more potential for your investment - envision a carriage house or ADU to expand your rental income. This property is not only a strong investment opportunity, it's also perfect for house-hackers. Live in one unit and rent out the other to offset your mortgage and expenses, all while building long-term wealth. Located just minutes from downtown Indianapolis, this duplex combines modern living with an unbeatable location in a thriving neighborhood with strong rental demand. Whether you're looking for a turnkey investment property or a smart way to own your own home while tenants help pay the bills, this Bates Hendricks duplex is the opportunity you've been waiting for!

Additional Information

Stories
Two
Architecture
Traditional
Acres
0.17
Heat
Forced Air, Natural Gas
Cooling
Central Air
Region
Center

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home. Selling Office: T&H Realty Services, Inc..

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