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1241 Shepard Street, 
Indianapolis, IN 46221

$150,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Maxwell Richter

Bought with BHB Real Estate Group

Wilmoth Group

317-842-3400

MLS#

22094861

Source:

IN MIBOR

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About This Home

1241 Shepard Street

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 $1655/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.

Home Facts

Multi-Family

Built in 1920

Price Summary

154,900

MLS #:

22094861

Sold:

June 25, 2026


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$154,900

Source:IN MIBOR
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