850 N Dearborn Street
Property Description
If you are in the market to add an investment property to an existing portfolio or purchase your first investment property do not pass this one up. The current monthly income is $2032 and both tenants have leases that do not end until 2027. The roof was replaced earlier in 2026 and the furnaces are about 6 years old. This property is conveniently located within minutes of shops, restaurants, and a grocery store. Occupants can easily get where they need to go including downtown Indianapolis after a short commute. The units feature hard surfaced flooring throughout making maintenance a breeze. The units are spacious enough for tenants to have plenty of room to relax or entertain guests but efficient enough to not be a maintenance burden. Pictures were taken prior to tenants occupying units. Tenants rights apply. Please do not disturb tenants if driving by.Broker Details
The Wilmoth Group (317) 842-6780
MLS ID: 43655 State License Number: RB20001555
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $155,000 |
| No. of Units: | 2 |
| Year Built: | 1915 |
| Opportunity Zone: | No |
| Price per unit: | $77,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MIBORIN-22122867
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