Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$225,000 -

943 N Dearborn Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.1
Acres

This fully remodeled duplex at 941-943 North Dearborn presents a strong investment opportunity in a desirable and growing area of Indianapolis. Each side of the property features 3 bedrooms and 1.5 bathrooms, making it ideal for long-term tenants or an owner-occupant. The 941 unit is currently leased at $1,500 per month through August 2026, providing immediate, stable rental income. The 943 unit is vacant and move-in ready, offering flexibility for additional rental income or personal use. If rented at the same $1,500 rate, the property would generate $3,000 in monthly income-exceeding the 1% rule and delivering strong cash flow. The property has been recently renovated throughout. Still could use certain TLC, subject to where you'd want the finishes. Its location offers convenient access to downtown, major roadways, local parks, and schools. With solid income potential and updated finishes, this is a turnkey asset for any investor looking to build long-term wealth. All utilities are separate.

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $225,000 Previously: $225,000 Originally: $225,000 Bathrooms: 0.00 MLS #: 22054282 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Aetna Rlty Co Assn County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: None, Window Unit(s)
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Sidewalks
  • # Acres: 0.10

Listing Office: Exp Realty, Llc

Similar Properties To: 943 N Dearborn Street, Indianapolis

$189,900

Howland & Webbs
MLS® #:
22027745
Provider:
Trueblood Real Estate
2161 Ransdell Street, Indianapolis
$220,000

Fletcher South Brookside
MLS® #:
22062678
Provider:
Matlock Realty Group
1018 N Tuxedo Street, Indianapolis
$179,900

Carpenters Home Place
MLS® #:
22063577
Provider:
Liberty Real Estate, Llc.
60 S Mount Street, Indianapolis
$290,000

Hilds
MLS® #:
22038613
Provider:
Key Realty Indiana
2609-2611 E Troy Avenue, Indianapolis
$205,000

Layman & Careys Irvington Park Add
MLS® #:
22034837
Provider:
Pmi Indianapolis
401 Wallace Avenue, Indianapolis
$215,000

No Subdivision
MLS® #:
21984186
Provider:
Amr Real Estate Llc
626 N Euclid Avenue, Indianapolis
$265,000

No Subdivision
MLS® #:
22067161
Provider:
My Agent
4309 Crittenden Avenue, Indianapolis
$199,999

Mc Cartys Subdivision West
MLS® #:
22040226
Provider:
Triple E Realty, Llc
653 Birch Avenue, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on November 1st, 2025 at 6:10am EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?