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    251 S Dearborn Street Indianapolis, IN 46201

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    For Sale
    $150,000

    Ranch, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.10 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 29 at 2:06 pm

    Property Features for 251 S Dearborn Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    491008105014000101
    Lot size
    0.10 Acres

    Building Details

    Year built
    1943
    Number of units
    2
    Architectural style
    Ranch

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    Listing Contact
    Ryan Rominger
    Ryan Rominger

    Listing agent Ryan Rominger License #RB18002043

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

    Listing date Apr 27, 2026

    MLS# 22082127 Listing URL

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Renovated Duplex Near Downtown

    This recently renovated duplex features one bedroom and one bathroom in each unit. The property is located minutes from Mass Ave, Downtown, and Fountain Square, offering convenient access to dining and entertainment. The duplex has refreshed kitchens and bathrooms, along with fresh paint throughout. All units are fully occupied with tenants in good standing. This duplex is offered as part of a portfolio package totaling seven units, including a single-family home at 406 S. Lasalle St with two bedrooms and one bathroom, a duplex at 3702 N. Kenwood Ave with two bedrooms and one bathroom per unit, and a duplex at 2301 Perkins Ave with two bedrooms and one bathroom per unit. Together, these properties comprise seven income-producing units, offering a diversified revenue stream. The property is located in Indianapolis, IN 46201, Marion County, on a lot of 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.110343
    Latitude
    39.763862

    FAQs

    What type of property is this?
    Duplex - Recently renovated duplex near Mass Ave, Downtown, and Fountain Square.
    Where is this duplex located?
    The property is located at 251 S Dearborn Street Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Prime location near Mass Ave, Downtown, and Fountain Square, offering easy access to dining and entertainment.; Recently renovated 1 bed, 1 bath unit with a refreshed kitchen and bathroom, and fresh paint.; Part of a portfolio package of seven income‑producing units, providing a diversified revenue stream.
    More about this property
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