10625 McPherson Street Carmel, IN $ 375,000
10625 McPherson Street
$ 375,000
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10625 McPherson Street

Carmel, IN, 46280
$ 375,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,590

10625 McPherson Street, Carmel, IN 46280 - Image 1
10625 McPherson Street, Carmel, IN 46280 - Image 2
10625 McPherson Street, Carmel, IN 46280 - Image 3
10625 McPherson Street, Carmel, IN 46280 - Image 4
10625 McPherson Street, Carmel, IN 46280 - Image 5
10625 McPherson Street, Carmel, IN 46280 - Image 6
10625 McPherson Street, Carmel, IN 46280 - Image 7
10625 McPherson Street, Carmel, IN 46280 - Image 8

Multi-Family Home for sale in Carmel, IN

for $375,000. This home was built in 1967 on a lot size of 0.23.

Excellent investment opportunity in the heart of Carmel! This fully leased duplex offers immediate cash flow from day one, making it a turnkey addition to any investment portfolio. With 100% occupancy, one unit is secured with a one-year lease while the second has a long-term tenant who has called the property home for five years-providing both stability and consistent rental income of $3,250 combine monthly revenue. Each unit features 2 bedrooms, 1 full bath, approximately 812 square feet, an eat-in kitchen, central air, forced air heat, and appliances including a range/oven and refrigerator. Tenants enjoy private fenced rear yards, maintain their own lawn care, and contribute to low-maintenance ownership. Situated in the desirable Homeplace neighborhood within the highly rated Carmel Clay School District, this property offers excellent long-term rental appeal thanks to its convenient location near shopping, dining, major employers, and easy access to US-31 and I-465. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance income-producing property, this duplex checks all the boxes. Start generating income immediately with this fully occupied, professionally maintained investment property in one of Central Indiana's most sought-after rental markets.

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Multi-Family Pending

Price

$ 375,000

Property Type

Multi-Family

Taxes

$ 4,824

Style

Duplex

Lot Size

0.23

Year Built

1967

Town/City

Carmel

County/Region

Hamilton

MLS | Web ID

22115816

Features
General
Heating Forced Air
Possession Closing
Roof Asphalt
Construction Materials Brick
Year Built 1967
Tenant Pays Security All Utilities Cable TV Insurance
Township Clay
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Hamilton
New Construction N
Property Type Residential Income
Subdivision Name Homeplace
Status Pending
Directions GPS Friendly
High School Carmel High School
City Carmel
High School District Carmel Clay Schools
Number Of Units Total 2
MLS Area 2910 - Hamilton - Clay
Lot Size Square Feet 10019
Structure Type Duplex
Standard Status Pending
Tax Lot 103
Legal Description Acreage .00 Section 1 Township 17 Range 3 Homeplace Section 1 Lot 103
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Exterior
Fencing Full
Foundation Details Slab
Lot Size Acres 0.23
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Berkshire Hathaway Home

Broker

jwiley@bhhsin.com

Email

Affordability Calculator

$2,992
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,590
Monthly Property Taxes
$402
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044902 Elementary School
4044901 Middle School
Carmel High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$375,000 Listed Price

Map


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10625 McPherson Street, Carmel, IN, 46280 is a Multi-Family Home for sale at $375,000 with a lot size of 0.23. 10625 McPherson Street has 0.0 baths and was built in 1967. The property's zip code is 46280 which is in Carmel, IN