$1,400,000

308 Winters Way, Carthage, IN 46115

  • Property Icon Duplex
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $155,555 per duplex, $77,777 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 18 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.

Listing Status:
Pending
Data Last Updated:
June 24, 2026 at 6:17AM
Listing Office:
Highgarden Real Estate : 317-513-5092
Listing Agent:
Mel Coutz : 317-513-5092
MLS ID:
22058405
  • Laundry: Connections All
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • General: Not Applicable
  • Style: RanchTraditional
  • Parking: On Street
  • Roofing: Shingle
  • General: OneCrawl Space
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: C A Beard Memorial School Corp
  • County: Rush
  • Zoning: 009-67477-16 5th Street Sub Lot 15 700219209006000009700219209006000009
  • Current Use: Residential
  • Source: mibor

This listing courtesy of Mel Coutz , Highgarden Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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