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1241 Shepard St

Indianapolis IN 46221

3
5227 sq. ft.
Duplex
Currently for sale - view listing

Overview

Fully occupied duplex exceeding the 1% rule! This property offers 2 bedrooms and 1 bathroom per side. Both sides have spacious main levels with the bathroom, and both bedrooms are upstairs. Tenants are able to enjoy the convenience of a detached garage for storage or parking as well. Both sides are occupied with rent totaling $1635/month. Both tenants have been living in the property for multiple terms, so the rent is stable. Tenants pay all utilities as well as there is additional pet rent. This property has a great location and great cash flow, so don't miss out! Photos were taken prior to tenancy and condition may differ. Meant to show layout and finishes.

Features

3 carspaces
3 garage spaces
5227 sq. ft. lot size
Duplex

Property history for 1241 Shepard St

2023
Rented
Undisclosed
31 Mar 2023 by THE WILMOTH GROUP
2022
Rented
Undisclosed
07 Mar 2022 by THE WILMOTH GROUP
2021
Rented
Undisclosed
19 Apr 2021 by THE WILMOTH GROUP

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 13 duplexes similar to 1241 Shepard St, have been sold.

This represents a 44% decrease in duplexes sales when compared to the previous 12 months.

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