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$281,750
4
beds
2
baths

1407 S Alabama Street
Indianapolis, Indiana 46225

Closed / MLS #22065600 / Multiple Unit (2-4) / Bates-Hendricks
Listing information updated 11/26/2025 at 9:06am
Income-Producing Duplex in the heart of Bates Hendricks - Fully Remodeled & Move-In Ready! Discover this charming duplex in the highly desirable Bates Hendricks neighborhood, where modern updates meet timeless character. Each identical unit offers 2 bedrooms, 1 full bathroom, and its own garage space, providing comfort and convenience for both residents and tenants alike. Step inside and you'll find a home that has been completely remodeled with stylish finishes throughout, including luxury vinyl plank flooring, fresh paint, and sleek euro-style kitchens. Everything is move-in ready - just close on the purchase, place your tenants, and start generating income immediately. Enjoy the outdoors on the covered front porch or entertain in the spacious backyard, which offers even more potential for your investment - envision a carriage house or ADU to expand your rental income. This property is not only a strong investment opportunity, it's also perfect for house-hackers. Live in one unit and rent out the other to offset your mortgage and expenses, all while building long-term wealth. Located just minutes from downtown Indianapolis, this duplex combines modern living with an unbeatable location in a thriving neighborhood with strong rental demand. Whether you're looking for a turnkey investment property or a smart way to own your own home while tenants help pay the bills, this Bates Hendricks duplex is the opportunity you've been waiting for!
Architecture Style:
Traditional
Exterior Type:
Wood Brick
Beds Above Grade:
4
Cooling System:
Central Air
Heating System:
Forced Air, Natural Gas
Pool:
No
Age:
140 Years
Parking Spaces:
2
Garage:
Garage - 2 Car(s)
Square Feet:
N/A
Lot Size:
0.17 Acres
Acreage:
0.17
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46225
City:
Indianapolis
County:
Marion
School District(s):
Indianapolis Public Schools
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Berkshire Hathaway Home

Listing Office Phone: 317.881.7900

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/26/2025 at 9:06am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Bates-Hendricks

Bates-Hendricks, IN

Bates-Hendricks is ideally situated near downtown, Fountain Square, and Garfield Park. The neighborhood is also close to many restaurants, businesses, and recreational facilities. East Street’s bikeways provide an easy commute downtown for cyclists. Plus, commuters have quick access to I-65 and I-...
$293,632
Average Sale Price
92
Average Days On The Market
91%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1407 S Alabama Street, Indianapolis, IN 46225

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1407 S Alabama Street, Indianapolis, IN 46225 is a multiple unit (2-4) which sold for $281,750. 1407 S Alabama Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties IND since October 6th, 2025 and was built in 1885.