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943 N Dearborn Street, 
Indianapolis, IN 46201

$225,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Jacob Deacon

eXp Realty, LLC.

888-611-3912

Last updated:

August 1, 2025, 11:46 PM

MLS#

22054282

Source:

IN MIBOR

About This Home

943 N Dearborn Street

This fully remodeled duplex at 941-943 North Dearborn presents a strong investment opportunity in a desirable and growing area of Indianapolis. Each side of the property features 3 bedrooms and 1.5 bathrooms, making it ideal for long-term tenants or an owner-occupant. The 941 unit is currently leased at $1,500 per month through August 2026, providing immediate, stable rental income. The 943 unit is vacant and move-in ready, offering flexibility for additional rental income or personal use. If rented at the same $1,500 rate, the property would generate $3,000 in monthly income-exceeding the 1% rule and delivering strong cash flow. The property has been recently renovated throughout, and its location offers convenient access to downtown, major roadways, local parks, and schools. With solid income potential and updated finishes, this is a turnkey asset for any investor looking to build long-term wealth.

Home Facts

Multi-Family

Built in 1910

Price Summary

225,000

MLS #:

22054282

Last Updated:

August 1, 2025, 11:46 PM

Added:

1 day(s) ago


Structure

Structure

Year Built:

1910


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$225,000

Source:IN MIBOR
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