For Sale
House for sale at 1338 S Talbott St, Indianapolis, IN 46225 | MLS# 22102103 | Listing updated on 2026-08-12
Photo 1 of House for sale at 1338 S Talbott St, Indianapolis, IN 46225 | MLS# 22102103 | Listing updated on 2026-08-12
Photo 2 of House for sale at 1338 S Talbott St, Indianapolis, IN 46225 | MLS# 22102103 | Listing updated on 2026-08-12
Photo 3 of House for sale at 1338 S Talbott St, Indianapolis, IN 46225 | MLS# 22102103 | Listing updated on 2026-08-12
Photo 4 of House for sale at 1338 S Talbott St, Indianapolis, IN 46225 | MLS# 22102103 | Listing updated on 2026-08-12
14+
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Street View

$299,999

Monthly Est:$1,493

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath
  • Beds Icon--sqft

1338 S Talbott St, Indianapolis, IN 46225

$1,493/moEst:

Get Pre-Approved

  • Duplex

  • Built in 1940

  • $-- HOA

  • 4,966 sqft lot

  • --/sqft

Description

Opportunities like this don't come along often. Whether you're looking to grow your investment portfolio or purchase a property that helps offset your monthly mortgage, this fully occupied duplex offers flexibility, dependable income, and room for future growth in a location that continues to see strong demand. Situated just minutes from downtown Indianapolis, Eli Lilly, Lucas Oil Stadium, Fountain Square, and many of the city's top restaurants, entertainment venues, and major employers, the location makes it an attractive option for both tenants and future owners. Built as a true duplex, the property was designed to provide privacy between units while offering practical layouts that continue to appeal to renters. Each unit has its own HVAC system and separate utility meters, allowing tenants to pay their own gas, electric, internet, cable, and other individual utilities. Owner responsibilities are limited to property taxes, insurance, property management, and routine maintenance, making day-to-day ownership simple and predictable. Inside, you'll find features that help set this property apart, including finished lower-level living space, in-unit laundry, hardwood flooring, private outdoor areas, and garage parking. These amenities contribute to long-term tenant satisfaction while helping the property remain competitive in today's rental market. For buyers looking to add value over time, there is also the opportunity to make thoughtful improvements that could increase both rental income and overall property value. Combined with the continued investment and redevelopment taking place throughout the surrounding area, this property offers more than just immediate cash flow-it provides the potential for long-term appreciation as well. Convenient access to major highways, downtown employers, sporting events, parks, and everyday amenities only adds to the property's appeal.

  • Houzeo last checked: 4 hours ago
  • Listing updated: August 12, 2026 at 4:27 am
  • Listing Provided by: Maurice Brown | Berkshire Hathaway Home (317) 841-6380
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22102103 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 Southside

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    4,966 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22102103

  • MLS Status

    Active

  • Days on Market

    119

  • Cumulative Days on Market

    41

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathroom: 1

Interior

  • Cooling

    Separate Meters

  • Heating

    Natural Gas

Utilities & Energy

  • Parking Features

    Detached

  • Laundry Features

    In Basement

Other Features

  • Tenant Pays

    All Utilities, Cable Tv, Electricity, Insurance

  • Subdivision Name

    Mc Cartys Subdivision

Price History

DateEventPrice

07/06/2026

Source: #MBR22102103

Listed for Sale

$299,999 +9.09%

$0/sqft

12/09/2022

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21890121

Price Decreased

$275,000 -4.84%

$0/sqft

12/09/2022

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21890121

Sold

$289,000

$0/sqft

Getting Around 1338 S Talbott St

Bike Score®

Bike Score

Bikeable

65/100

Walk Score®

Walk Score

Somewhat Walkable

62/100

Transit Score®

Transit Score

Some Transit

34/100

Data provided by Redfin

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Based on information from MIBOR REALTOR® Association through Oct 29, 2026, 02:15PM. 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.

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