850 N Dearborn Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
850 N Dearborn Street,Indianapolis, IN 46201
$155,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: evan wilbrandt
Office: wilmoth group
MLS#:22122867
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$155,000

About this home

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.

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Home facts

  • Year built:1915
  • Subdivision & Development:E T Woods Oakland Park
  • Listing ID #:22122867
  • Added:8 day(s) ago
  • Updated:September 05, 2026 at 08:08 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1915
  • Lot area:0.1 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Wood Siding

Finances and disclosures

  • Price:$155,000
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