33 N Sherman Drive, Indianapolis, IN 46201

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Sold Price
$240,000
List Price
$259,000
Closing Date
Feb 04, 2026
MLS#
22076242
Days on Market
57
Status
SOLD

Property Description

Don't miss this rare opportunity to own a fully renovated, turn-key investment property situated in a highly convenient location, just a quick 12-minute drive from the heart of Downtown Indianapolis! This impressive two-story duplex offers immediate cash flow and long-term peace of mind, with each side featuring a spacious layout of three generous bedrooms and one-and-a-half modern bathrooms, plus the highly desirable amenity of in-unit washer and dryer hookups. All major capital expenses have been addressed, ensuring lower operating costs with the installation of a brand new roof, new AC units, and new water heaters for both sides. The interiors of both units have been fully renovated to offer a modern aesthetic that tenants love, and the property is made even more appealing by a fully fenced yard for security and privacy. Best of all, this is a true investor's dream: Both units are currently leased and generating immediate cash flow, meaning you can skip the renovation hassle and the leasing process, and start earning from day one. This stable, modern, and high-performing asset is ready to elevate your portfolio-schedule your showing today!

Additional Information

Expenses
4329
Tenant Pays
All Utilities
Owner Pays
Ins Hazard, Taxes
Foundation
Crawl Space
Stories
Two
Acres
0.12
Heat
Electric, Forced Air
Financing
Conventional, FHA, VA
Region
Center

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company. Selling Office: F.C. Tucker Company.

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