For Sale
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House for sale at 1238 N Dearborn St, Indianapolis, IN 46201 | MLS# 22133216 | Listing updated on 2026-10-27
Photo 1 of House for sale at 1238 N Dearborn St, Indianapolis, IN 46201 | MLS# 22133216 | Listing updated on 2026-10-27
Photo 2 of House for sale at 1238 N Dearborn St, Indianapolis, IN 46201 | MLS# 22133216 | Listing updated on 2026-10-27
Photo 3 of House for sale at 1238 N Dearborn St, Indianapolis, IN 46201 | MLS# 22133216 | Listing updated on 2026-10-27
Photo 4 of House for sale at 1238 N Dearborn St, Indianapolis, IN 46201 | MLS# 22133216 | Listing updated on 2026-10-27
15+
Beds Icon

Street View

$395,000

Monthly Est:$1,966

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon--sqft

1238 N Dearborn St, Indianapolis, IN 46201

$1,966/moEst:

Get Pre-Approved

  • Duplex

  • Built in 2026

  • $-- HOA

  • 6,360 sqft lot

  • --/sqft

Description

**Portfolio Opportunity!** Investors are invited to explore the opportunity to purchase this property as part of an 12-property investment portfolio featuring residential properties throughout Indianapolis and Shelbyville. Properties are also available for individual purchase. **Portfolio Properties Include:** - 122 E Mechanic St, Shelbyville, IN - 1609 Harlan St, Indianapolis, IN - 955 N Belleview Pl, Indianapolis, IN - 2127 Sugar Grove Ave, Indianapolis, IN - 1261 W 34th St, Indianapolis, IN - 263 N Tacoma Ave, Indianapolis, IN - 1360 N Dearborn St, Indianapolis, IN - 5600 Rockville Rd, Indianapolis, IN - 6780 N Michigan Rd, Fairland, IN - 58 W Franklin St, Shelbyville, IN (Triplex) 1238 N Dearborn Indianapolis IN 46208 (Duplex), 1248 W 33rd St Indianapolis IN 46208 (Duplex) Portfolio pricing and availability may vary. Don't miss this opportunity to expand your investment portfolio with multiple properties in one package! Estimated room dimensions; buyers to verify.

  • Houzeo last checked: 9 hours ago
  • Listing updated: October 27, 2026 at 10:14 pm
  • Listing Provided by: Gabriela Gonzalez | Highgarden Real Estate (317) 205-4320
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22133216 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Near Eastside

  • Year Built

    2026

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    6,360 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22133216

  • MLS Status

    Active

  • Days on Market

    3

  • Cumulative Days on Market

    43

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Utilities & Energy

  • Parking Features

    Detached

Other Features

  • Subdivision Name

    No Subdivision

  • Tenant Pays

    All Utilities

Price History

DateEventPrice

10/27/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22133216

Listed for Sale

$395,000 -7.06%

$0/sqft

07/30/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22109607

Listing Removed

$425,000

$0/sqft

06/22/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22109607

Listed for Sale

$425,000

$0/sqft

Getting Around 1238 N Dearborn St

Bike Score®

Bike Score

Bikeable

62/100

Walk Score®

Walk Score

Somewhat Walkable

57/100

Transit Score®

Transit Score

Some Transit

37/100

Data provided by Redfin

Nearby Homes

Based on information from MIBOR REALTOR® Association through Oct 27, 2026, 04:15PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

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