Dual Townhomes with Carriage House

1633-1635 N New Jersey Street Indianapolis, IN 46202

For Sale

$838,900

MULTI_FAMILY - Other - Indianapolis, IN

Property size:

716 SF

Lot size:

0.14 Acres

Price / SF:

$1,171/SF

For Sale

$838,900

MULTI_FAMILY - Other - Indianapolis, IN

Property size:

716 SF

Lot size:

0.14 Acres

Price / SF:

$1,171/SF

Added:: Mar 6, 2026
Days on Market:: 128
Last Refresh:: Jul 12 at 6:06 pm

Property Features for 1633-1635 N New Jersey Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: Alley
Exterior features: Carriage/Guest House, Balcony
Fencing: Privacy, Gate
Basement: Unfinished
Standard status: Active
APN: 490636158242002101
Lot size: 0.14 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Allen & Roots N Add N 1/2 L196

Utilities

Heating system: Forced Air, Natural Gas
Cooling system: Central Air

Building Details

Year built: 1919
Floors in Building: 2
Number of units: 3
Building materials: Wood Siding
Roof type: Shingle
Architectural style: Other
Additional Structures: Guest House

Listing agent Mina Kadhum License #RB18001932

Listing office Trueblood Real Estate North Street Suite 350 8700, Fishers, IN

Listing date Mar 6, 2026

MLS# 22087817 Listing URL

Investment Insights

Based on property information with market context.

This offering at 1633-1635 N New Jersey Street includes two distinct updated townhomes and a separate 1-bedroom carriage house above a detached 3-car garage. Each townhome features a deep, covered front porch, a modern interior with updated finishes, and a layout offering 2 bedrooms and 2 bathrooms. Both units also include private, spacious fenced-in backyards. The detached garage provides covered off-street parking and additional utility for the property’s separate carriage house, which is described as a fully-appointed 1BR/1BA unit.

One side is currently vacant, providing flexibility for an owner-occupant or a new tenant, while the other townhome is occupied. The occupied unit is reported at $2,399 per month, with the entire home reported at $3,834 per month. The seller also provides a projected pro-forma potential of $6,433 per month. The remarks note the carriage house photos are from a similar unit. The property is described as being steps from Tinker Street, Foundry Coffee, and Kroger.

For buyers seeking a dual-residence setup, this configuration supports multiple living and leasing scenarios, including house-hack options, leasing both townhomes, or using the carriage house for long-term or short-term stays. The separated layout, fenced outdoor space, and dedicated garage/carriage house improve tenant privacy and day-to-day functionality across the different units.

Key Highlights

Dual townhomes at 1633 & 1635 N New Jersey St with 2BR/2BA layout on each side
Detached 3‑car garage plus a fully‑appointed 1BR/1BA carriage house with 716 SF additional living space
One townhome side is currently vacant; the other is occupied at $2,399/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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For sale
Triplexes
IN
Indianapolis
46202
1633-1635 N New Jersey Street

What type of property is this?

Triplex - Updated 2BR/2BA townhomes with fenced backyards, plus a detached 3-car garage and 1BR/1BA carriage house.

Where is this triplex located?

The property is located at 1633-1635 N New Jersey Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $838,900.

What are key features of this property?

This property features: Dual townhomes at 1633 & 1635 N New Jersey St with 2BR/2BA layout on each side; Detached 3‑car garage plus a fully‑appointed 1BR/1BA carriage house with 716 SF additional living space; One townhome side is currently vacant; the other is occupied at $2,399/month

1633-1635 N New Jersey Street Indianapolis, IN 46202

MULTI_FAMILY - Other - Indianapolis, IN

Property Features for 1633-1635 N New Jersey Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Office Building with Monument Sign

Restaurant/QSR With Drive-Thru Potential

Hard-Corner Retail/Office Building

Elevator-Served Mixed-Use Building

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Industrial Flex with Multiple Overhead Doors

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Two-Level Office Building with Conference Rooms

Auto Shop with Paint Booth

Four-Unit Retail Value-Add Property

FAQs