1238 N Dearborn Street Indianapolis, IN $ 395,000
1238 N Dearborn Street
$ 395,000
Recently Listed New Construction
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1238 N Dearborn Street

Indianapolis, IN, 46201
$ 395,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,728

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Multi-Family Home for sale in Indianapolis, IN

for $395,000. This home was built in 2026 on a lot size of 0.15.

**Portfolio Opportunity!** Investors are invited to explore the opportunity to purchase this property as part of an 12-property investment portfolio featuring residential properties throughout Indianapolis and Shelbyville. Properties are also available for individual purchase. **Portfolio Properties Include:** - 122 E Mechanic St, Shelbyville, IN - 1609 Harlan St, Indianapolis, IN - 955 N Belleview Pl, Indianapolis, IN - 2127 Sugar Grove Ave, Indianapolis, IN - 1261 W 34th St, Indianapolis, IN - 263 N Tacoma Ave, Indianapolis, IN - 1360 N Dearborn St, Indianapolis, IN - 5600 Rockville Rd, Indianapolis, IN - 6780 N Michigan Rd, Fairland, IN - 58 W Franklin St, Shelbyville, IN (Triplex) 1238 N Dearborn Indianapolis IN 46208 (Duplex), 1248 W 33rd St Indianapolis IN 46208 (Duplex) Portfolio pricing and availability may vary. Don't miss this opportunity to expand your investment portfolio with multiple properties in one package! Estimated room dimensions; buyers to verify.

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Multi-Family Active

Price

$ 395,000

Property Type

Multi-Family

Taxes

$ 3,352

Style

Lot Size

0.15

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22133216

Features
General
Possession Subject To Tenant Rights
Garage Spaces 2
Year Built 2026
Tenant Pays All Utilities
Township Center
Levels Two
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
New Construction Y
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 6360
Additional Parcels Y/N N
Builder Name ALL PHASE BUILDS
Standard Status Active
Tax Lot 49-07-32-103-343.000-101
Legal Description Fletchers So Brookside Add L19 B8
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Exterior
Parking Features Detached
Lot Size Acres 0.15
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* Excluded Features
List By
Highgarden Real Estate

Broker

ggonzalez@highgarden.com

Email

Affordability Calculator

$3,008
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,728
Monthly Property Taxes
$279
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
10/27/2026$395,000 Listed Price

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1238 N Dearborn Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $395,000 with a lot size of 0.15. 1238 N Dearborn Street has 0.0 baths and was built in 2026. The property's zip code is 46201 which is in Indianapolis, IN