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About This Home
This 0-bedroom, 0-bathroom multi-family at 1241 Shepard Street in Indianapolis, IN is listed for $159,900. Built in 1920, on a 0.12 acres lot.
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 $1635/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.
Key Features
- Built in 1920
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$855/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1241 Shepard Street
Indianapolis, IN 46221
Tweeds Oxford Park
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1241 Shepard Street is listed at $159,900. The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.12 acre lot.
This property is listed by Maxwell Richter and can be reached at 3178423400 or maxr@wilmothgroup.com.












