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Under-Construction Duplex
New
For Sale
$395,000

1238 N Dearborn Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market7

Property Features for 1238 N Dearborn Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Subdivision No Subdivision
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490732103343000101
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Fletchers So Brookside Add L19 B8
Tax Annual Amount 3352
Legal Description Fletchers So Brookside Add L19 B8

Building Details

Year built 2026
Floors in Building 2
Number of units 2
Listing Agency: Highgarden Real Estate
Listed By: Gabriela Gonzalez
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 30 at 8:06AM
MLS# 22133216

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex in Indianapolis is under construction, with a reported year built of 2026. The property includes three bedrooms and two bathrooms and occupies a 0.15-acre lot.

It is available for individual purchase or as part of a residential portfolio that includes properties in Indianapolis and Shelbyville.

Key Highlights

  • Duplex with three bedrooms and two bathrooms
  • 0.15‑acre lot
  • Under construction; year built listed as 2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property is offered individually or as part of a multi-property residential portfolio.
Where is this duplex located?
The property is located at 1238 N Dearborn Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Duplex with three bedrooms and two bathrooms; 0.15‑acre lot; Under construction; year built listed as 2026
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