516 N Dearborn Street, Indianapolis, IN 46201
  • $269,000
  • $273,000

Description

Fully rented duplex investment opportunity! This updated duplex features two spacious 3-bedroom, 1-bathroom units, each thoughtfully upgraded for modern living. Both units boast renovated kitchens and bathrooms, luxury vinyl plank (LVP) flooring, and new furnaces. Tenants appreciate the private yards and off-street parking. This property is an income generator with long-term tenants already in place. Unit 516 is currently rented at $1,100 per month through 11/30/2025, while Unit 518 brings in $1,275 per month through 08/01/26 -providing a combined monthly rental income of $2,375. Whether you’re a seasoned investor or just starting your portfolio, this duplex offers immediate cash flow and peace of mind with quality upgrades throughout. Don’t miss your chance to own this ready-to-go property!

  • Address: 516 N Dearborn Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46201

Details

Updated on September 10, 2025 at 10:02 pm
  • Property ID 22032011
  • Price $269,000
  • Land Area 0.1 Acres
  • Garage Size x x
  • Year Built 1900
  • Property Type Duplex, Residential Income
  • Property Status Expired

Additional details

  • Roof Shingle
  • Cooling None
  • Heating Forced Air,Natural Gas
  • County Marion
  • Property Type Residential Income
  • Parking None

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Contact Information

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Preeti Chaggar

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