1241 Shepard Street, Indianapolis, IN 46221

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$150,000
List Price
$154,900
Closing Date
Jun 25, 2026
MLS#
22094861
Days on Market
75
Status
SOLD

Property Description

Fully occupied duplex exceeding the 1% rule! This property offers 2 bedrooms and 1 bathroom per side. Both sides have spacious main levels with the bathroom, and both bedrooms are upstairs. Tenants are able to enjoy the convenience of a detached garage for storage or parking as well. Both sides are occupied with rent totaling $1655/month. Both tenants have been living in the property for multiple terms, so the rent is stable. Tenants pay all utilities as well as there is additional pet rent. This property has a great location and great cash flow, so don't miss out! Photos were taken prior to tenancy and condition may differ. Meant to show layout and finishes.

Additional Information

Tenant Pays
Insurance, All Utilities
Owner Pays
Ins Hazard, Insurance, Taxes
Foundation
Block
Stories
Two
Architecture
Traditional
Acres
0.12
Heat
Baseboard
Financing
Conventional
Region
Center

Listing courtesy of Maxwell Richter. Wilmoth Group

Selling Office: BHB Real Estate Group.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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 listings have been excluded from this website.