# 1238 N Dearborn Street, Indianapolis, IN 46201 > **TL;DR:** 3bd/2ba multi-family, $395,000, built 2026. > 2-car garage. Est. $2,112/mo. Listed 6 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $395,000 | | Bedrooms | 3 | | Bathrooms | 2 full | | Year Built | 2026 | | Lot Size | 6,534 sqft (0.15 acres) | | Stories | 2 | | Garage | 2-car | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 6 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,997 | | Estimated Insurance | $115 | | **Total** | **$2,112** | ## Key Amenities - 2-car garage ## Property Highlights - Built in 2026 - 0.15 acre lot - 2 stories ## Description ### Agent Description **Portfolio Opportunity!** Investors are invited to explore the opportunity to purchase this property as part of an 12-property investment portfolio featuring residential properties throughout Indianapolis and Shelbyville. Properties are also available for individual purchase. **Portfolio Properties Include:** - 122 E Mechanic St, Shelbyville, IN - 1609 Harlan St, Indianapolis, IN - 955 N Belleview Pl, Indianapolis, IN - 2127 Sugar Grove Ave, Indianapolis, IN - 1261 W 34th St, Indianapolis, IN - 263 N Tacoma Ave, Indianapolis, IN - 1360 N Dearborn St, Indianapolis, IN - 5600 Rockville Rd, Indianapolis, IN - 6780 N Michigan Rd, Fairland, IN - 58 W Franklin St, Shelbyville, IN (Triplex) 1238 N Dearborn Indianapolis IN 46208 (Duplex), 1248 W 33rd St Indianapolis IN 46208 (Duplex) Portfolio pricing and availability may vary. Don't miss this opportunity to expand your investment portfolio with multiple properties in one package! Estimated room dimensions; buyers to verify. ## Location - **Address:** 1238 N Dearborn Street, Indianapolis, IN 46201 - **County:** Marion - **Neighborhood:** No Subdivision - **Coordinates:** 39.784643, -86.111313 - **Google Maps:** https://www.google.com/maps?q=39.784643,-86.111313 ## Listing Agent - **Name:** Gabriela Gonzalez - **Brokerage:** Highgarden Real Estate - **Broker Phone:** (317) 280-4663 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1238-N-Dearborn-St_Indianapolis_IN_46201_M39398-91098?f=listhub&s=MIBORIN&m=22133216&c=propsimple) ## Photos ![1238 N Dearborn Street - Photo 1](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f1675674967r.jpg) ![1238 N Dearborn Street - Photo 2](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f3551577568r.jpg) ![1238 N Dearborn Street - Photo 3](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f3565090624r.jpg) ![1238 N Dearborn Street - Photo 4](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f920515532r.jpg) ![1238 N Dearborn Street - Photo 5](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f557651137r.jpg) ![1238 N Dearborn Street - Photo 6](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f566993344r.jpg) ![1238 N Dearborn Street - Photo 7](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f4129646169r.jpg) ![1238 N Dearborn Street - Photo 8](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f2559654321r.jpg) ![1238 N Dearborn Street - Photo 9](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f956011556r.jpg) ![1238 N Dearborn Street - Photo 10](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f2911433801r.jpg) ![1238 N Dearborn Street - Photo 11](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f439075417r.jpg) ![1238 N Dearborn Street - Photo 12](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f830793925r.jpg) ![1238 N Dearborn Street - Photo 13](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f1906824782r.jpg) ![1238 N Dearborn Street - Photo 14](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f1985182608r.jpg) ![1238 N Dearborn Street - Photo 15](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f2845944377r.jpg) ![1238 N Dearborn Street - Photo 16](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f3909609138r.jpg) ![1238 N Dearborn Street - Photo 17](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f3639455167r.jpg) ![1238 N Dearborn Street - Photo 18](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f2839521703r.jpg) ![1238 N Dearborn Street - Photo 19](http://lh.rdcpix.com/19b00bc474986366c19c2067cafbbcbel-f2520301521r.jpg) --- **MLS#:** 22133216 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1238-n-dearborn-street-indianapolis-in-46201-e5aa5b606b4d40b6a76ede03ea0a34d4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1238-n-dearborn-street-indianapolis-in-46201-e5aa5b606b4d40b6a76ede03ea0a34d4#listing", "url": "https://www.propertysimple.ai/listing/1238-n-dearborn-street-indianapolis-in-46201-e5aa5b606b4d40b6a76ede03ea0a34d4", "name": "1238 N Dearborn Street, Indianapolis, IN 46201", "description": "**Portfolio Opportunity!** Investors are invited to explore the opportunity to purchase this property as part of an 12-property investment portfolio featuring residential properties throughout Indianapolis and Shelbyville. 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