Key facts
- Lot
- 0.31 acres
- Year built
- 1988
- Type
- Residential Income · Duplex
- Stories
- One
- MLS #
- 22058405
- County
- Rush
- Subdivision
- No Subdivision
About this home
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.
Description provided by the listing brokerage.
Interior
- Laundry
- Security
Exterior
- Exterior features
- Roof
- Construction
- Foundation
- Style
- Parking and garage
- Other equipment
Systems
- Heating
- Cooling
Lot and HOA
- Lot features
Schools
- Elementary school
- Knightstown Elementary School
- High school
- Knightstown High School
- School district
- C A Beard Memorial School Corp
Taxes
- Estimated annual tax
- $18,996 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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