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2608 E Southport Road

Indianapolis, IN 46227

ActiveListed Aug 19, 2026 · 47 days on market

Key facts

Lot
0.28 acres
Year built
1900
Type
Residential Income · Triplex
Stories
Two
Garage
2 spaces
MLS #
22121086
County
Marion
Subdivision
Indianapolis

About this home

Discover a unique investment opportunity in the Southport area of Indianapolis with this fully occupied triplex offering three distinct rental units and plenty of character. The main-level residence features 2 bedrooms and 2 full bathrooms along with beautiful original details, including substantial woodwork, classic molding, and impressive pocket doors that reflect the home's historic charm. Upstairs, the 1-bedroom, 1-bathroom unit has seen approximately $35,000 in recent improvements, including an updated kitchen, electrical upgrades, and a new air-conditioning system. A separate rear 1-bedroom, 1-bathroom unit completes the property. Each unit has its own furnace and water heater, providing added convenience for both ownership and tenants. Outside, the property offers two driveways along with a spacious garage featuring tandem parking and an additional lean-to. All three units are currently leased, making this an excellent opportunity for an investor looking to add an established multifamily property to their portfolio. Conveniently located in the Southport area with easy access to shopping, dining, major roadways, and only 15 minutes to University of Indianapolis.

Description provided by the listing brokerage.

Exterior

Parking and garage
Detached

Systems

Heating
Gas
Cooling
Window Unit(s)

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$7,368 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,203per month, estimated
Principal and interest $1,486Property tax $614Insurance $103
20% · $58,940
6.47%
Loan type
Loan term

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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22121086
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Listed at$294,700
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