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About This Home

This 0-bedroom, 0-bathroom multi-family at 251 S Dearborn Street in Indianapolis, IN is listed for $150,000. Built in 1943, on a 0.10 acres lot.

Agent Description

Welcome to this recently renovated 1 bed, 1 bath duplex just minutes from Mass Ave, Downtown, and Fountain Square! Enjoy a refreshed kitchen and bathroom, fresh paint throughout, and a prime location close to some of the city's best dining and entertainment.

All units are fully occupied with tenants in good standing. To limit tenant disturbance, there will be no in-person showings without an accepted offer, but video walkthroughs are attached to the listing. Preference is to sell this duplex as part of a portfolio package totaling seven units.

The package includes: 406 S. Lasalle St (single-family home with 2 bedrooms and 1 bathroom), 3702 N. Kenwood Ave (duplex with 2 bedrooms and 1 bathroom per unit), and 2301 Perkins Ave (duplex with 2 bedrooms and 1 bathroom per unit). Together, these properties comprise seven income-producing units, offering a strong, diversified revenue stream. Leases/Ledgers are available for each occupied unit.

Key Features

  • Built in 1943
  • 0.10 acre lot

Property Details

1943

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

251 S Dearborn Street

Indianapolis, IN 46201

Hueys Add Forest Park

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 251 S Dearborn Street is listed at $150,000. The estimated monthly payment is $650 based on 20% down at 6.5% interest.

Key features include: Built in 1943, 0.10 acre lot.

This property is listed by Ryan Rominger and can be reached at 3179350075 or RRominger@TruebloodRE.com.

RR

Ryan Rominger

Agent at Trueblood Real Estate

(317) 935-0075

Listed by Trueblood Real Estate · View on Broker Site

MLS# 22082127· Source: listhub· Updated 35 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

251 S Dearborn Street, Indianapolis, IN 46201

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