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308 Winters Way, 
Carthage, IN 46115

$1,400,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Mel Coutz

, 

Lindsey Schrader

Highgarden Real Estate

317-205-4320

Last updated:

December 17, 2025, 04:41 PM

MLS#

22058405

Source:

IN MIBOR

About This Home

308 Winters Way

Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $150,000 per duplex, $75,000 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 10 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.

Home Facts

Multi-Family

Built in 1988

Price Summary

1,400,000

MLS #:

22058405

Last Updated:

December 17, 2025, 04:41 PM

Added:

a month ago

Structure

Structure

Architectural Style:

Ranch

Year Built:

1988

Lot

Lot Size (Sq. Ft):

13,503

Finances & Disclosures

Finances

Price:

$1,400,000

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.