Listing provided courtesy of Keller Williams Indy Metro NEMLS# MBR22100873MLS Provider
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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.

Source: MIBOR, MLS#: MBR22100873

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2203 Sheldon Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/8/2026Source: MIBOR Added to Database
May 08, 2026