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951-953 N Sherman Drive

Indianapolis, IN 46201
  • $83,500
  • STATUS: Pending
  • ON SITE: 16 Days
  • MLS #: 22047392
Under Contract
UPDATED: 22 min ago
$83,500
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Information

Elementary School:
School District:

Description

Investment opportunity in the Grace Tuxedo Park area! This 2-story duplex offers two 3 bedroom, 1 bath units, ideal for long-term rental income. Layout includes living room, dining room, and kitchen as well as an unfinished basement for additional storage. This property is just minutes from downtown Indianapolis, several parks, interstate access and local shopping. Live in one unit and rent the other, or lease both units for maximum returns. Property being sold as-is and has sustained fire damage. Needs renovation but could be a great cash flow opportunity! Part of a 16 duplex portfolio. Reach out for the full list of available properties, including properties coming soon.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-07-14T07:25:11.593. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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951-953 N Sherman Drive Indianapolis, IN 46201

  • Price: $83,500
  • Status: Pending
  • On Site: 16 Days
  • Updated: 22 min ago
  • MLS #: 22047392
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1930
Built
Neighborhood:
Shannon Park
County:
Marion
Area:
4910 - Marion - Center
Elementary School:
Brookside School 54
Middle School:
H L Harshman Middle School
High School:
Arsenal Technical High School
School District:
Indianapolis Public Schools
Property Description
Investment opportunity in the Grace Tuxedo Park area! This 2-story duplex offers two 3 bedroom, 1 bath units, ideal for long-term rental income. Layout includes living room, dining room, and kitchen as well as an unfinished basement for additional storage. This property is just minutes from downtown Indianapolis, several parks, interstate access and local shopping. Live in one unit and rent the other, or lease both units for maximum returns. Property being sold as-is and has sustained fire damage. Needs renovation but could be a great cash flow opportunity! Part of a 16 duplex portfolio. Reach out for the full list of available properties, including properties coming soon.
Exterior Features

Architectural Style Traditional Construction Materials Vinyl Siding Fencing Chain LinkPartial Levels Two Lot Information AccessCurbsNot In SubdivisionSidewalksStreet LightsMature Trees Parking Features Alley Access Road Access Access Rd Road Frontage Type City Street Road Surface Type Asphalt Structure Type Duplex Unit Parking 2 Car Space View YN No Waterfront YN No

Interior Features

Basement YN Yes Cooling Central Air Heating Forced AirNatural Gas

Property Features

Acres <1/4 Acre Current Use Vacant Dpr YN Yes Expenses 0 New Construction YN No Number Of Units Total 2 Possession ClosingNegotiable Property Sub Type Duplex Semi Annual Property Tax Amt 2372 Solid Waste Yes Special Listing Conditions As Is Tax Year 2024 Township Center Transaction Type Sale

Listing provided courtesy of eXp Realty LLC: . © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2025-07-14T07:25:11.593. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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