1338 S Talbott Street, Indianapolis, IN 46225
Local realty services provided by:CENTURY 21 Scheetz
1338 S Talbott Street,Indianapolis, IN 46225
$299,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: maurice brown
Office: berkshire hathaway home
MLS#:22102103
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$299,999
About this home
Opportunities like this don't come along often. Whether you're looking to grow your investment portfolio or purchase a property that helps offset your monthly mortgage, this fully occupied duplex offers flexibility, dependable income, and room for future growth in a location that continues to see strong demand. Situated just minutes from downtown Indianapolis, Eli Lilly, Lucas Oil Stadium, Fountain Square, and many of the city's top restaurants, entertainment venues, and major employers, the location makes it an attractive option for both tenants and future owners. Built as a true duplex, the property was designed to provide privacy between units while offering practical layouts that continue to appeal to renters. Each unit has its own HVAC system and separate utility meters, allowing tenants to pay their own gas, electric, internet, cable, and other individual utilities. Owner responsibilities are limited to property taxes, insurance, property management, and routine maintenance, making day-to-day ownership simple and predictable. Inside, you'll find features that help set this property apart, including finished lower-level living space, in-unit laundry, hardwood flooring, private outdoor areas, and garage parking. These amenities contribute to long-term tenant satisfaction while helping the property remain competitive in today's rental market. For buyers looking to add value over time, there is also the opportunity to make thoughtful improvements that could increase both rental income and overall property value. Combined with the continued investment and redevelopment taking place throughout the surrounding area, this property offers more than just immediate cash flow-it provides the potential for long-term appreciation as well. Convenient access to major highways, downtown employers, sporting events, parks, and everyday amenities only adds to the property's appeal....
Contact an agent
Home facts
- Year built:1940
- Subdivision & Development:Mc Cartys Subdivision
- Listing ID #:22102103
- Added:69 day(s) ago
- Updated:September 13, 2026 at 03:01 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Heating and cooling
- Cooling:Separate Meters
Structure and exterior
- Year built:1940
- Lot area:0.11 Acres
Utilities
- Sewer:Separate Sewer Meter
Finances and disclosures
- Price:$299,999
Parking
- Garage:Yes
- Garage spaces:2
New listings near 1338 S Talbott Street
- New
$290,000Active3 beds 2 baths1,292 sq. ft.1610 Southview Drive, Indianapolis, IN 46227
MLS# 22125805Listed by: 1 PERCENT LISTS INDIANA REAL ESTATE - New
$309,900Active3 beds 2 baths1,601 sq. ft.7238 Hearthstone, Indianapolis, IN 46227
MLS# 22125836Listed by: CIRCLE 8, LLC - New
$225,000Active2 beds 2 baths1,129 sq. ft.2315 Cardinal Drive, Indianapolis, IN 46227
MLS# 22125761Listed by: RE/MAX ADVANCED REALTY - New
$1,350,000Active5 beds 5 baths6,269 sq. ft.12295 Ridgeside Road, Indianapolis, IN 46256
MLS# 22124424Listed by: KELLER WILLIAMS INDPLS METRO N - Open Sun, 12 to 2pmNew
$349,900Active4 beds 3 baths2,110 sq. ft.4601 Common Vista Circle, Indianapolis, IN 46220
MLS# 22125585Listed by: CARPENTER, REALTORS - New
$255,000Active-- beds -- baths1011 W 29th Street W, Indianapolis, IN 46208
MLS# 22125807Listed by: L&P PROPERTIES, LLC - New
$286,400Active-- beds -- baths2640 Guilford Avenue, Indianapolis, IN 46205
MLS# 22125826Listed by: COMPASS INDIANA, LLC - New
$185,000Active-- beds -- baths3025 E Michigan Street, Indianapolis, IN 46201
MLS# 22125660Listed by: KELLER WILLIAMS INDY METRO PARTNERS - New
$119,900Active2 beds 1 baths944 sq. ft.3225 E 42nd Street, Indianapolis, IN 46205
MLS# 22125814Listed by: PMI INDIANAPOLIS - New
$119,900Active2 beds 2 baths1,020 sq. ft.727 Southfield Court, Indianapolis, IN 46227
MLS# 22125821Listed by: EPIQUE INC