$225,000

941-943 N Dearborn St N Indianapolis, IN 46201

$2,672
Closing credit¹
0.10 acres
Multi-Family

Property details

About 941-943 N Dearborn St N

This duplex at 941-943 N Dearborn is a fantastic investment opportunity for anyone looking to add value and create strong cash flow. The property was nicely renovated by current owners. It needs some TLC, but with the right updates, it can become a highly profitable asset. It is priced accordingly, making it an excellent option for investors looking for value-add opportunities. Located in a growing area, this property benefits from increasing demand and rising rental rates. Its proximity to downtown, major highways, and local amenities makes it attractive for tenants. The duplex layout provides flexibility for either owner-occupancy or maximizing rental income. With the right renovations, this property can generate long-term returns. Don't miss the chance to invest in a prime location with great potential.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size0.098 Acres
Year built1910
MLS #22018431

Summary

  • MLS Number: 22018431
  • MLS Name: MIBOR
  • Office Name: eXp Realty, LLC
  • Office Email: jacob@livindyrealty.com
  • Listing Agent: Jacob Deacon

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 2/21/2025, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a porch and a front yard

$225,000

941-943 N Dearborn St N

$2,672

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Thomas D. Gregg Elementary School 15

Public District PK-6

0.7 mi

2302 E Michigan St

3

Brookside Elementary School 54

Public District KG-6

0.9 mi

3150 E 10th St

3

Ralph W. Emerson Elementary School 58

Public District PK-6

1.0 mi

321 N Linwood Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,250. The most common annual income of people living in Indianapolis, IN is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

91%
<35k
7%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

46%
Single, No Kids
25%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • ChevroletChevrolet

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 941-943 N Dearborn St N in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 15, 2025 and is currently priced at $225,000.

Over 100 listings were sold over their listed price in January 2025 in Indianapolis, IN. In the same period over 354 listings were sold below the listed price and 147 listings were sold for the listed price. The inventory of homes for sale in Indianapolis, IN between December and January 2025 decreased by 2.2%. In January 2025 median list price was $249,950 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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