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  • $440,000

    2203 Sheldon St, Indianapolis, IN 46218

    6beds
    4baths
    --sqft
    : 
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    Multi Family, Duplex
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Separate entrancesRear off-street parkingIndividual exterior hvac unitsGranite countertopsStainless steel appliancesGenerous cabinet storageWhite cabinetry
    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.
    54 days
    |
    222
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lidia Casimiro Murrieta 317-490-3596,

    Keller Williams Indy Metro NE

    Source: MIBOR as distributed by MLS GRID,MLS#: 22100873MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Connections All, Laundry Room
      Features
      • Has basement: No

      Property

      Parking
      • Total spaces: 2
      • Parking features: Alley Access, Concrete, On Street
      • Details: Unit Parking(2 Car Space)
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 4,791 Square Feet
      Details
      • Parcel number: 490730115104000101

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman
      • Property subtype: Multi Family, Duplex
      Materials
      • Foundation: Slab
      Condition
      • New Construction
      • New construction: No
      • Year built: 2025

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Jackson Park
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $5,600
      • Annual tax amount: $132
      • Date on market: 5/8/2026
      • Cumulative days on market: 56 days
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/8/2026Listed for sale$440,000+8.6%
        Source: MIBOR as distributed by MLS GRID #22100873 Report a problem
        8/19/2025Sold$405,000+1250%
        Source: Public Record Report a problem
        9/12/2024Sold$30,000-24.8%
        Source: MIBOR as distributed by MLS GRID #21957143 Report a problem
        8/5/2024Pending sale$39,900
        Source: MIBOR as distributed by MLS GRID #21957143 Report a problem
        12/18/2023Listed for sale$39,900+1281.6%
        Source: MIBOR as distributed by MLS GRID #21957143 Report a problem
        6/27/2006Sold$2,888
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$133 -14.5%$5,600
        2024$155 -0.2%$5,600
        2023$156 -6.3%$5,600
        2022$166 +187%$5,600
        2021$58 -1.9%$5,600 +124%
        2020$59 -86.1%$2,500
        2019$425 +285.3%$2,500
        2018$110 +36.3%$2,500
        2017$81 +46.8%$2,500
        2016$55 +1.9%$2,500
        2014$54 -3.6%$2,500
        2013$56 $2,500
        2012$56 $2,500 -39%
        2011-- $4,100
        2010$85 -2.5%$4,100
        2009$87 $4,100 -39.7%
        2007-- $6,800
        2002-- $6,800 +200.9%
        2001-- $2,260
        2000-- $2,260

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Martindale-Brightwood

        Getting around

        31 / 100
        Car-Dependent
        35 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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