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
- 197 days |
- 105 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Mel Coutz 317-513-5092,
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: 197 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 | $1,400,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: 46115
Nearby schools
GreatSchools rating
- 7/10Knightstown Elementary SchoolGrades: PK-3Distance: 5.1 mi
- 6/10Knightstown Intermediate SchoolGrades: 4-8Distance: 5.1 mi
- 4/10Knightstown High SchoolGrades: 9-12Distance: 3.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Rush County
- Carthage
- 46115
- 308 N Winters Way




