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 $155,555 per duplex, $77,777 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 18 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.
Pending
$1,400,000
308 N Winters Way, Carthage, IN 46115
3beds
2baths
--sqft
Multi Family, Duplex
Built in 1988
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two bedrooms
- 292 days
- 7
- 0
Zillow last checked:
Listing updated:
Listed by:
Mel Coutz mel@coutzandco.com,
Highgarden Real Estate,
Lindsey Schrader 317-385-5790,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22058405
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Main level bathrooms: 35
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Connections All
Features
- Has basement: No
Property
Parking
- Parking features: On Street
- Details: Unit Parking(On Street, Paved Area, Unpaved)
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.31 Acres
- Features: Not In Subdivision
Details
- Additional parcels included: See Addendum Attached to BLC
- Parcel number: 700219209006000009
- Special conditions: Package
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch,Traditional
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: No Subdivision
Location
- Region: Carthage
Financial & listing details
- Annual tax amount: $18,996
- Date on market: 12/12/2025
- Cumulative days on market: 191 days
- Tenant pays: All Utilities, Insurance
- Road surface type: Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Pending sale | $1,400,000 |
Source: | ||
| 12/12/2025 | Listed for sale | $1,400,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46115
Nearby schools
Schools provided by the listing agent
- Elementary: Knightstown Elementary School
- High: Knightstown High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




