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2203 Sheldon Street

Indianapolis, IN 46218
  • $440,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 22100873
$440,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2025
County:

School Ratings & Info

School District:

Description

Built in 2025 and already leased long-term, this modern duplex offers investors the opportunity to add a newer, income-producing asset to their portfolio with tenant income already in place. Designed with long-term rental performance in mind, each unit features 3 bedrooms, 2 full bathrooms, and approximately 1,250 sq. ft. of functional living space. Each unit includes an open-concept kitchen and living area, durable LVP flooring, white cabinetry, granite countertops, stainless steel appliances, generous cabinet storage, and a primary bedroom with en-suite bathroom and walk-in closet. Additional features include separate entrances, separate electric meters, individual exterior HVAC units, in-unit mechanicals, and rear off-street parking. The exterior features durable engineered wood siding designed for long-term performance, and the property includes a 10-year structural warranty provided and backed through 2-10 Home Warranty. With longer-term leases already secured, this property provides investors with added peace of mind and reduced uncertainty compared to a vacant multifamily asset. Existing property management may also remain in place if the buyer would like to continue with the current management setup. Conveniently located near downtown Indianapolis, this duplex is positioned for rental demand, long-term growth, and consistent portfolio performance.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/176265335
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2203 Sheldon Street Indianapolis, IN 46218

  • Price: $440,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 22100873
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2025
Built
Neighborhood:
Jackson Park
County:
Marion
Area:
4910 - Marion - Center
School District:
Indianapolis Public Schools
Property Description
Built in 2025 and already leased long-term, this modern duplex offers investors the opportunity to add a newer, income-producing asset to their portfolio with tenant income already in place. Designed with long-term rental performance in mind, each unit features 3 bedrooms, 2 full bathrooms, and approximately 1,250 sq. ft. of functional living space. Each unit includes an open-concept kitchen and living area, durable LVP flooring, white cabinetry, granite countertops, stainless steel appliances, generous cabinet storage, and a primary bedroom with en-suite bathroom and walk-in closet. Additional features include separate entrances, separate electric meters, individual exterior HVAC units, in-unit mechanicals, and rear off-street parking. The exterior features durable engineered wood siding designed for long-term performance, and the property includes a 10-year structural warranty provided and backed through 2-10 Home Warranty. With longer-term leases already secured, this property provides investors with added peace of mind and reduced uncertainty compared to a vacant multifamily asset. Existing property management may also remain in place if the buyer would like to continue with the current management setup. Conveniently located near downtown Indianapolis, this duplex is positioned for rental demand, long-term growth, and consistent portfolio performance.
Exterior Features

Architectural Style Craftsman Foundation Details Slab Levels Two Parking Features Alley AccessConcreteOn Street Road Access Access Rd Unit Parking 2 Car Space View YN No Waterfront YN No

Interior Features

Basement YN No Cooling Central Air Heating ElectricForced Air

Property Features

Acres <1/4 Acre Current Financing Exchange - 1031ConventionalFHAVA Current Use Residential Dpr YN No Expenses 3128 Laundry Connections AllLaundry Room New Construction YN No Number Of Units Total 2 Owner Pays WaterSewer Possession Closing Property Condition New Construction Property Sub Type Duplex Security Features Smoke Detector(s) Semi Annual Property Tax Amt 66 Solid Waste No Tax Exemption None Tax Year 2024 Tenant Pays Electricity Township Center Transaction Type Sale

Listing provided courtesy of Keller Williams Indy Metro NE: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T00:25:00.967. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Click here for MLS GRID DMCA Notice
 
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David Brenton's Team
4741 E Stop 11 Rd.
Indianapolis IN, 46237