Duplex with Updated
New
For Sale
$155,000
850 N Dearborn Street, Indianapolis, IN 46201
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.10 Acres
Days on Market6
Property Features for 850 N Dearborn Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Subdivision
E T Woods Oakland Park
Lot features
Sidewalks
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
491005214036000101
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Woods 3rd Oakland Pk Add L73
Legal Description
Woods 3rd Oakland Pk Add L73
Building Details
Year built
1915
Number of units
2
Building materials
Wood Siding
Listing Agency:
Wilmoth Group
(317) 842-3400
Listed By:
Evan Wilbrandt · License #RB20001555
(317) 842-6780
Added: Aug 27
Changed: Aug 28
Last Checked: Sep 1 at 4:06AM
MLS# 22122867
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.
Investment Insights
Based on property information with market context.
Built in 1915, this wood-sided duplex includes two residential units with hard-surface flooring throughout and basement space. Both units are currently occupied under leases extending through 2027. The roof was replaced earlier in 2026, and the furnaces are approximately 6 years old.
The property sits on a 0.1-acre lot in Indianapolis, with shops, restaurants, and a grocery store located within minutes. Downtown Indianapolis is also reachable after a short commute, providing access to the city center and surrounding amenities.
The property sits on a 0.1-acre lot in Indianapolis, with shops, restaurants, and a grocery store located within minutes. Downtown Indianapolis is also reachable after a short commute, providing access to the city center and surrounding amenities.
Key Highlights
- Two‑unit duplex with both leases extending through 2027
- Roof replaced earlier in 2026
- Furnaces are approximately 6 years old
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased units offer hard-surface flooring, basement space, and convenient access to everyday shopping and dining.
Where is this duplex located?
The property is located at 850 N Dearborn Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two‑unit duplex with both leases extending through 2027; Roof replaced earlier in 2026; Furnaces are approximately 6 years old
