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$159,900 -

1241 Shepard Street Indianapolis IN 46221

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

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.

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Property Details

Price: $159,900 Previously: $159,900 Originally: $159,900 Bathrooms: 0.00 MLS #: 22094861 Year Built: 1920 Township: Center Type: Residential Income Zip Code: 46221 City: Indianapolis Subdivision: Tweeds Oxford Park County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Heating: Baseboard

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Sidewalks
  • # Acres: 0.12

Listing Office: Wilmoth Group

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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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 15th, 2026 at 3:28am EDT.

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