• Property Type
  • Duplex, Residential Income
  • 3
  • Garages
  • Sqft
  • Area Size
1241 Shepard Street, Indianapolis, IN 46221
  • $159,900
  • $159,900

Description

Fully occupied duplex exceeding the 1% rule! This property offers 2 bedrooms and 1 bathroom per side. Both sides have spacious main levels with the bathroom, and both bedrooms are upstairs. Tenants are able to enjoy the convenience of a detached garage for storage or parking as well. Both sides are occupied with rent totaling $1635/month. Both tenants have been living in the property for multiple terms, so the rent is stable. Tenants pay all utilities as well as there is additional pet rent. This property has a great location and great cash flow, so don’t miss out! Photos were taken prior to tenancy and condition may differ. Meant to show layout and finishes.

  • Address: 1241 Shepard Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46221

Details

Updated on April 11, 2026 at 10:33 pm
  • Property ID 22094861
  • Price $159,900
  • Land Area 0.12 Acres
  • Garages 3
  • Garage Size x x
  • Year Built 1920
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • Heating Baseboard
  • County Marion
  • Property Type Residential Income
  • Parking Detached
  • Architectural Style Traditional

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Contact Information

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Preeti Chaggar

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