Submit all cash offers now as the seller is ready to sell! No contingencies, including financing or due diligence. Buyers should inspect before making an offer. Investment opportunity in the Grace Tuxedo Park area! This 2-story duplex offers two 3 bedroom, 1 bath units, ideal for long-term rental income. Layout includes living room, dining room, and kitchen as well as an unfinished basement for additional storage. This property is just minutes from downtown Indianapolis, several parks, interstate access and local shopping. Live in one unit and rent the other, or lease both units for maximum returns. Property being sold as-is and has sustained fire damage. Needs renovation but could be a great cash flow opportunity! Part of a 16 duplex portfolio. Reach out for the full list of available properties, including properties coming soon.
Active
Price cut: $23.5K (8/1)
$60,000
951-953 N Sherman Dr, Indianapolis, IN 46201
6beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Unfinished basementDining room
- 45 days
- on Zillow |
- 737 |
- 56 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 02:42pm
Listing Provided by:
Jocelyn Deal 317-777-1367,
eXp Realty LLC,
Samantha Tennessen 317-770-7784,
eXp Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22047392

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Alley Access
- Details: Unit Parking(2 Car Space)
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Chain Link,Partial
Lot
- Size: 5,227.2 Square Feet
- Features: Access, Curbs, Not In Subdivision, Sidewalks, Street Lights, Mature Trees
Details
- Parcel number: 491004141085000101
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Community & HOA
Community
- Subdivision: Shannon Park
Location
- Region: Indianapolis
Financial & listing details
- Annual tax amount: $4,744
- Date on market: 6/27/2025
- Road surface type: Asphalt
- Loading
- Loading