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Virtual Tour
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$935,000

For Sale

8 days ago

MLS® 22087817

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 8
Lot Size 0.14 acres
Approx. Age 1919
MLS® Number 22087817

Property Address: 1633-1635 N New Jersey St, Indianapolis, IN, 46202-1612

Average square foot calculated using Size range provided by listing agent.

Description

Premier Herron-Morton Investment: Dual Townhomes with a Premium 1 Bedroom Carriage House. This exceptional dual-residence property at 1633 & 1635 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features two distinct, updated townhomes, each offering a spacious 2BR/2BA layout. Each side welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and gourmet kitchens. Beyond the interiors, each unit enjoys the luxury of a private, spacious fenced-in backyard. Adding unparalleled value is the massive 3-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat. One side is currently vacant for an owner-occupant or a new tenant, while the other is occupied for immediate cash flow at $2, 399/month. The entire home is currently generating $3, 834/month with a projected pro-forma potential of $6, 433/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Carriage House photos are from a similar unit***
MLS® Number22087817
Laundry LevelLaundry Closet, Upper Level, Laundry Room
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageYes
Approx. Age1919
BasementUnfinished
Driveway
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 6, 2026List Date
$935,000List Price
  • Commute

Commute

Starting Address
Destination Address
1633-1635 N New Jersey St, Indianapolis, IN

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