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Street View
$299,999
Monthly Est:$1,493
2 Beds
- 1 Bath
--sqft
1338 S Talbott St, Indianapolis, IN 46225
$299,999
$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

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
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
| Date | Event | Price |
|---|---|---|
07/06/2026 Source: #MBR22102103 | Listed for Sale | $299,999 +9.09% $0/sqft |
12/09/2022 Source: | Price Decreased | $275,000 -4.84% $0/sqft |
12/09/2022 Source: | Sold | $289,000 $0/sqft |
Getting Around 1338 S Talbott St
Bike Score®
Bikeable
65/100
Walk Score®
Somewhat Walkable
62/100
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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