2608 E Southport Road Indianapolis, IN $ 294,700
2608 E Southport Road
$ 294,700
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2608 E Southport Road

Indianapolis, IN, 46227
$ 294,700
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,035

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Multi-Family Home for sale in Indianapolis, IN

for $294,700. This home was built in 1900 on a lot size of 0.28.

Discover a unique investment opportunity in the Southport area of Indianapolis with this fully occupied triplex offering three distinct rental units and plenty of character. The main-level residence features 2 bedrooms and 2 full bathrooms along with beautiful original details, including substantial woodwork, classic molding, and impressive pocket doors that reflect the home's historic charm. Upstairs, the 1-bedroom, 1-bathroom unit has seen approximately $35,000 in recent improvements, including an updated kitchen, electrical upgrades, and a new air-conditioning system. A separate rear 1-bedroom, 1-bathroom unit completes the property. Each unit has its own furnace and water heater, providing added convenience for both ownership and tenants. Outside, the property offers two driveways along with a spacious garage featuring tandem parking and an additional lean-to. All three units are currently leased, making this an excellent opportunity for an investor looking to add an established multifamily property to their portfolio. Conveniently located in the Southport area with easy access to shopping, dining, major roadways, and only 15 minutes to University of Indianapolis.

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Multi-Family Active

Price

$ 294,700

Property Type

Multi-Family

Taxes

$ 7,368

Style

Lot Size

0.28

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22121086

Features
General
Heating Gas
Cooling Window Unit(s)
Possession Closing
Garage Spaces 2
Construction Materials Other
Year Built 1900
Tenant Pays Electricity Gas
Township Perry
Levels Two
Property Subtype Triplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Indianapolis
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 3
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 12197
Virtual Tour https://real.vision/2608-east-southport-road?o=u https://real.vision/2608-east-southport-road
Standard Status Active
Tax Lot 49-15-08-111-006.000-513
Legal Description 84Ft S/L X 147Ft Beg 566Ft W Of Se Cor W1/2Sw1/4 S8 T14 R4 0.28Ac
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Exterior
Parking Features Detached
Lot Size Acres 0.28
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Interior
Basement (Y/N) Y
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* Excluded Features
List By
@Properties

Broker

devin@letdevinhelp.com

Email

Affordability Calculator

$2,649
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,035
Monthly Property Taxes
$614
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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$294,700 -1.77% Price Down
8/20/2026$300,000 Listed Price

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2608 E Southport Road, Indianapolis, IN, 46227 is a Multi-Family Home for sale at $294,700 with a lot size of 0.28. 2608 E Southport Road has 0.0 baths and was built in 1900. The property's zip code is 46227 which is in Indianapolis, IN