1312 N Dearborn Street, Indianapolis, IN 46201

Local realty services provided by:CENTURY 21 Scheetz
1312 N Dearborn Street,Indianapolis, IN 46201
$306,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dana rivers
Office: resolute realty
MLS#:22066345
Source:IN_MIBOR

Price summary

  • Price:$306,000

About this home

Investor Alert - 1312 & 1314 N Dearborn St, Indianapolis Here's the deal you've been waiting for: a fully renovated duplex (2025) with both sides vacant and ready to cash flow from day one. Unit 1312: 2 bed / 1 bath | Avg rent projection: $1,115/mo Unit 1314: 2 bed / 1.5 bath | Avg rent projection: $1,606/mo That's $2,721/month ($32,652 annually) in projected gross rents, and that's before factoring in the growth exploding in this corridor. Why investors are rushing here: Fresh 2025 renovation = minimal CapEx headaches Both sides vacant = set your own rents or house-hack and cut your mortgage in half Minutes to Downtown & Irvington with Monon Trail access and bus line nearby Surrounded by new development and townhomes, appreciation is already building in This is not just another duplex; it's a ready-to-roll income machine in a prime location where values and rents are climbing. The numbers work today, and the upside is baked in for tomorrow. Solid cash flow.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:22066345
  • Added:76 day(s) ago
  • Updated:December 17, 2025 at 10:28 PM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Lot area:0.18 Acres

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$306,000
Copyright 2025 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.