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308 Winters Way

Carthage, IN 46115
  • $1,400,000
  • STATUS: Pending
  • ON SITE: 185 Days
  • MLS #: 22058405
Under Contract
$1,400,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Information

Elementary School:
School District:

Description

Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $155,555 per duplex, $77,777 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 18 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.

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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/171313818
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308 Winters Way Carthage, IN 46115

  • Price: $1,400,000
  • Status: Pending
  • On Site: 185 Days
  • MLS #: 22058405
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1988
Built
Neighborhood:
No Subdivision
County:
Rush
Area:
7001 - Rush - Ripley
Elementary School:
Knightstown Elementary School
High School:
Knightstown High School
School District:
Charles A. Beard Memorial
Property Description
Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $155,555 per duplex, $77,777 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 18 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.
Exterior Features

Architectural Style RanchTraditional Carport Spaces 0 Construction Materials Vinyl Siding Exterior Features Not Applicable Foundation Details Crawl Space Levels One Lot Information Not In Subdivision Parking Features On Street Road Access Access Rd Road Frontage Type City Street Road Surface Type AsphaltGravel Roof Shingle Structure Type Duplex Unit Parking On StreetPaved AreaUnpaved View YN No Waterfront YN No

Interior Features

Basement YN No Cooling Central Air Heating Forced AirNatural Gas

Property Features

Acres 1/4-1/2 Acre Building Utilities SewerWater Current Financing Exchange - 1031Conventional Current Use Residential Dpr YN No Expenses 58599 Laundry Connections All Net Operating Income 129734 New Construction YN No Number Of Units Total 18 Other Equipment Smoke Alarm Owner Pays Ins HazardInsuranceLawncareTaxes Possession Subject to Tenant Rights Property Attached YN Yes Property Sub Type Duplex Security Features Fire Alarm Semi Annual Property Tax Amt 9498 Solid Waste No Special Listing Conditions Package Tax Exemption None Tax Year 2024 Tenant Pays All UtilitiesInsurance Township Ripley Transaction Type Sale

Listing provided courtesy of Highgarden Real Estate: . © 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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Indianapolis IN, 46237