LKV Realty
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$134,900
$650Reward *
251 S Dearborn Street, Indianapolis, IN 46201Listing ID 22117114

251 S Dearborn Street, Indianapolis, IN 46201

Active
Hueys Add Forest Park
Time on site: 19 daysLast updated: Aug 1, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.1
Days on Site
Days on Site
19
Cooling
Cooling
Window Unit(s)
Heating
Heating
Electric, Baseboard
Year Built
Year Built
1943
Garages
Garages
2
Parking
Parking
Detached

Welcome to this recently renovated 1 bed, 1 bath duplex just minutes from Mass Ave, Downtown, and Fountain Square! Enjoy a refreshed kitchen and bathroom, fresh paint throughout, and a prime location close to some of the city's best dining and entertainment. To limit tenant disturbance, there will be no in-person showings without an accepted offer, but video walkthroughs are attached to the listing. One unit is occupied, and the tenant of the other unit just moved out and it is being turned over now. Preference is to sell this duplex as part of a portfolio package totaling seven units. The package includes: 406 S. Lasalle St (single-family home with 2 bedrooms and 1 bathroom), and 3702 N. Kenwood Ave (duplex with 2 bedrooms and 1 bathroom per unit). Together, these properties comprise seven income-producing units, offering a strong, diversified revenue stream. Leases/Ledgers are available for each occupied unit.

Property Information

Property Details

Location

Address
251 S Dearborn Street
County
Marion
City
Indianapolis
Zip Code
46201
Subdivision
Hueys Add Forest Park
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Heating and Cooling

Cooling
Window Unit(s)
Heating
Electric, Baseboard

Building

Building Information

Year Built
1943

Property Taxes

Tax Year
2025
Trueblood Real Estate, (317) 288-5148

Market Report for 46201

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 02:30 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR40979