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If you are in the market to add an investment property to an existing portfolio or purchase your first investment property do not pass this one up. The current monthly income is $2032 and both tenants have leases that do not end until 2027. The roof was replaced earlier in 2026 and the furnaces are about 6 years old. This property is conveniently located within minutes of shops, restaurants, and a grocery store. Occupants can easily get where they need to go including downtown Indianapolis after a short commute. The units feature hard surfaced flooring throughout making maintenance a breeze. The units are spacious enough for tenants to have plenty of room to relax or entertain guests but efficient enough to not be a maintenance burden. Pictures were taken prior to tenants occupying units. Tenants rights apply. Please do not disturb tenants if driving by.

Property Details of 850 N Dearborn Street

Property Details

Interior Features

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Listed by Evan Wilbrandt of Wilmoth Group (evanw@wilmothgroup.com)

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 Based on information submitted to MIBOR as of August 28, 2026 6:35 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or MIBOR.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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