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Listed by Mel Coutz • Highgarden Real Estate
$ 1,400,000
Est. payment | /mo
0.31 Acres Lot
$ 1,400,000
Est. payment | /mo
0.31 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22058405
Year Built 1988
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Duplex
Property Description
Rare opportunity to purchase a package of five duplexes (18 total units) in Carthage, Indiana for $1,400,000. Price includes each property is listed individually at $150,000 per duplex, $75,000 per unit. Must be sold by the duplex. Seller is looking to sell as a complete portfolio. Every duplex features two bedrooms and one full bathroom, 798 sqft, with an average rent of $800 per unit, providing solid cash flow and strong rental demand. The properties are professionally managed by Dudley Property Management out of Greenfield, making this a turnkey investment. Located in the quiet rural town of Carthage, tenants enjoy small-town living with the convenience of nearby Greenfield and Shelbyville for shopping, dining, and employment. This is a rare chance to add 10 doors to your portfolio with income-producing properties that are already leased and operating. Package includes: 207-209 Winters Way, 210-212 Winters Way, 211-213 Winters Way, 301-303 Winters Way, 302-304 Winters Way, 305-307 Winters Way, 306-308 Winters Way, 309-311 Winters Way, and 310-312 Winters Way.
Location
State IN
County Rush
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Equipment Smoke Alarm
Fireplace N
Exterior
Exterior Feature Not Applicable
View Y/N false
Roof Type Shingle
Building
Story One
Foundation Crawl Space
Architectural Style Ranch, Traditional
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Knightstown Elementary School
High Schools Knightstown High School
School District C A Beard Memorial School Corp
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