2203 Sheldon Street, Indianapolis, IN 46218
- $440,000
- List Price
- $440,000
- MLS#
- 22100873
- Days on Market
- 82
- Status
- ACTIVE
Property Description
Built in 2025 and already leased long-term, this modern duplex offers investors the opportunity to add a newer, income-producing asset to their portfolio with tenant income already in place. Designed with long-term rental performance in mind, each unit features 3 bedrooms, 2 full bathrooms, and approximately 1,250 sq. ft. of functional living space. Each unit includes an open-concept kitchen and living area, durable LVP flooring, white cabinetry, granite countertops, stainless steel appliances, generous cabinet storage, and a primary bedroom with en-suite bathroom and walk-in closet. Additional features include separate entrances, separate electric meters, individual exterior HVAC units, in-unit mechanicals, and rear off-street parking. The exterior features durable engineered wood siding designed for long-term performance, and the property includes a 10-year structural warranty provided and backed through 2-10 Home Warranty. With longer-term leases already secured, this property provides investors with added peace of mind and reduced uncertainty compared to a vacant multifamily asset. Existing property management may also remain in place if the buyer would like to continue with the current management setup. Conveniently located near downtown Indianapolis, this duplex is positioned for rental demand, long-term growth, and consistent portfolio performance.
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Additional Information
- Expenses
- 3128
- Tenant Pays
- Electricity
- Owner Pays
- Water, Sewer
- Foundation
- Slab
- Stories
- Two
- Architecture
- Craftsman
- Acres
- 0.11
- Heat
- Electric, Forced Air
- Cooling
- Central Air
- Financing
- Exchange - 1031, Conventional, FHA, VA
- Region
- Center
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Listing courtesy of Keller Williams Indy Metro NE.
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