Cash-flowing duplex in Indianapolis offered at just $190,000! This income-producing property offers an excellent opportunity for investors looking to expand their portfolio with a property that exceeds the 1% rule. Both units are currently tenant-occupied, generating a combined scheduled rental income of $2,125 per month ($25,500 annually), representing a 1.12% monthly rent-to-price ratio. Unit 817 rents for $1,025/month, while Unit 819 rents for $1,100/month. Both leases have transitioned to month-to-month, offering the next owner flexibility with future leasing decisions. Whether you're an experienced investor looking to add another cash-flowing asset or just getting started building your rental portfolio, this duplex offers an attractive entry point with existing tenants and income already in place. At this price point, the numbers are worth a closer look!

Based on information submitted to MIBOR as of October 20, 2026 7:20 AM EDT . 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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Property Details of 817-819 N Dearborn

Property Details

Basic Information

Building

Location

Finance

Interior Features

Laundry

Exterior Features

Exterior Features

Community

Area

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Realty World Harbert Company