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Vacant Duplex with Updated Units

1312 N Dearborn Street, Indianapolis, IN 46201

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For Sale

$249,900

MULTI_FAMILY - Other - Indianapolis, IN

Lot size:

0.18 Acres

HighLights

Vacant duplex with both units ready for immediate occupancy (sold as‑is; buyer to verify all information and projections).
2025 updates completed in both units with no occupancy since improvements were finished.
Unit 1312: 2 bed, 1 bath duplex unit.
Unit 1314: 2 bed, 1.5 bath duplex unit.
Projected rental income of approx. $2,721/month ($32,652 annually) for both units.
Built in 1900 with vinyl siding, asphalt shingle roof, forced‑air heat, central air, and on‑street parking.

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Contact an agent

Dana Rivers

For Sale

$249,900

MULTI_FAMILY - Other - Indianapolis, IN

Lot size:

0.18 Acres

Added:: Oct 1, 2025
Days on Market:: 270
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 1312 N Dearborn Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street
Security features: Security System
Basement: Storage Space, Partial
Standard status: Active
APN: 490732103328000101
Lot size: 0.18 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Flet S Brookside Add L1 B9

Utilities

Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1900
Floors in Building: 2
Number of units: 2
Building materials: Vinyl Siding
Roof type: Asphalt, Shingle
Architectural style: Other

We can help!

Contact an agent

Dana Rivers

Listing agent Dana Rivers License #RB22001811

Listing office Resolute Realty E Carmel Dr Ste 251B 600, Indianapolis, IN

Listing date Oct 1, 2025

MLS# 22066345 Listing URL

HighLights

Vacant duplex with both units ready for immediate occupancy (sold as‑is; buyer to verify all information and projections).
2025 updates completed in both units with no occupancy since improvements were finished.
Unit 1312: 2 bed, 1 bath duplex unit.
Unit 1314: 2 bed, 1.5 bath duplex unit.
Projected rental income of approx. $2,721/month ($32,652 annually) for both units.
Built in 1900 with vinyl siding, asphalt shingle roof, forced‑air heat, central air, and on‑street parking.

Overview

This recently updated duplex offers both units vacant and ready for immediate move-in, rental, or a combination of both. Unit 1312 is a 2-bedroom, 1-bath layout, and Unit 1314 is a 2-bedroom, 1.5-bath layout. The property includes recent 2025 updates completed in both units, and neither unit has been occupied since the improvements were finished.

Located at 1312 N Dearborn Street in Indianapolis, the property is described as being conveniently near Downtown Indianapolis and the Irvington area, with access to shopping, dining, and major commuter routes. The lot size is listed at 0.18 acres. The duplex is being sold as-is, and the buyer is instructed to verify all information and any rental projections.

For investors, the fully vacant status supports setting or adjusting rents from day one, with a provided projection of approximately $2,721 per month and $32,652 annually. For owner-occupants, the layout can support living in one unit while renting the other. With both units updated and available, this property is positioned for tenants or buyers seeking reduced turnaround time following improvements.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.111313
Latitude: 39.785009

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For sale
Duplexes
IN
Indianapolis
46201
1312 N Dearborn Street

What type of property is this?

Duplex - Two fully vacant, recently updated 2-bedroom units ready for immediate rental or owner-occupancy.

Where is this duplex located?

The property is located at 1312 N Dearborn Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $249,900.

What are key features of this property?

This property features: Vacant duplex with both units ready for immediate occupancy (sold as‑is; buyer to verify all information and projections).; 2025 updates completed in both units with no occupancy since improvements were finished.; Unit 1312: 2 bed, 1 bath duplex unit.

1312 N Dearborn Street, Indianapolis, IN 46201

MULTI_FAMILY - Other - Indianapolis, IN

Property Features for 1312 N Dearborn Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Hard-Corner Retail/Office Building

Elevator-Served Mixed-Use Building

Flexible Office Building with Detached Garage

Industrial Flex with Multiple Overhead Doors

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Warehouse Redevelopment Site

Multi-Office Building with Private Parking

Two-Level Office Building with Conference Rooms

Auto Shop with Paint Booth

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