251 S Dearborn Street, Indianapolis, IN 46201

Property Description

Welcome to this recently renovated 1 bed, 1 bath duplex just minutes from Mass Ave, Downtown, and Fountain Square! Enjoy a refreshed kitchen and bathroom, fresh paint throughout, and a prime location close to some of the city's best dining and entertainment. All units are fully occupied with tenants in good standing. To limit tenant disturbance, there will be no in-person showings without an accepted offer, but video walkthroughs are attached to the listing. Preference is to sell this duplex as part of a portfolio package totaling seven units. The package includes: 406 S. Lasalle St (single-family home with 2 bedrooms and 1 bathroom), 3702 N. Kenwood Ave (duplex with 2 bedrooms and 1 bathroom per unit), and 2301 Perkins Ave (duplex with 2 bedrooms and 1 bathroom per unit). Together, these properties comprise seven income-producing units, offering a strong, diversified revenue stream. Leases/Ledgers are available for each occupied unit.

Listing Status:

Active

Data Last Updated:

April 30, 2026 at 1:18AM

Listing Office:

Trueblood Real Estate : 317-935-0075

Listing Agent:

Ryan Rominger : 317-935-0075

MLS ID:

22082127

Exterior

• Style: Ranch
• Parking: Detached

Construction

• General: One

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Hueys Add Forest Park L17491008105014000101
• Current Use: Residential

Financial

• Source: mibor