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1338 S Talbott StreetIndianapolis, IN 46225

Mc Cartys Subdivision · Marion County

$299,999List price
1940Year built
0.11Acre lot
2Garage
3 months agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Duplex
Year built
1940
Lot size
0.11 acres
Garage spaces
2
Days on market
117
MLS® Listing#
22102103

Property Features

Cooling
Separate Meters
Heating
Natural Gas
Parking
Detached
Laundry
In Basement
Parcel number
491113146115000101

Directions

GPS Friendly

Listing Courtesy: Berkshire Hathaway Home - Maurice@BowTieBrokerHomes.Com

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Last Updated: 2026-07-02

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Connect with a Local Real Estate Expert

  • Dan Nolan

    Broker of Record

    EXIT Strategy Realty

  • Eve Benton

    Designated Managing Broker

    EXIT Strategy Realty

  • Moe Doleh

    Associate Broker

    EXIT Strategy Realty