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$935,000

1633-1635 N New Jersey Street
Indianapolis, Indiana 46202

Active / MLS #22087817 / Townhome / Herron-Morton Place
Listing information updated 3/27/2026 at 5:46pm
Premier Herron-Morton Investment: Dual Townhomes with a Premium 1 Bedroom Carriage House. This exceptional dual-residence property at 1633 & 1635 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features two distinct, updated townhomes, each offering a spacious 2BR/2BA layout. Each side welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and gourmet kitchens. Beyond the interiors, each unit enjoys the luxury of a private, spacious fenced-in backyard. Adding unparalleled value is the massive 3-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat. One side is currently vacant for an owner-occupant or a new tenant, while the other is occupied for immediate cash flow at $2,399/month. The entire home is currently generating $3,834/month with a projected pro-forma potential of $6,433/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Carriage House photos are from a similar unit***
Architecture Style:
Traditional
Exterior Type:
Wood Siding
Basement:
Unfinished
Cooling System:
Central Air
Heating System:
Forced Air, Natural Gas
Main Level Primary Bedroom:
No
Pool:
No
Age:
107 Years
Roof Type:
Shingle
Parking Spaces:
3
Garage:
Garage - 3 Car(s)
Water Front:
No
Square Feet:
N/A
Lot Size:
0.14 Acres
Acreage:
0.14
External Features:
Carriage/Guest House, Balcony
Tax Amount:
N/A
Tax Year:
2024
Zip Code:
46202
City:
Indianapolis
County:
Marion
School District(s):
Indianapolis Public Schools
Elementary School:
James Russell Lowell School 51
Middle School:
Arlington Community Middle School
High School:
George Washington High School

Listing Office: Trueblood Real Estate

Listing Office Phone: 317.288.5148

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 3/27/2026 at 5:46pm. 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.

Herron-Morton Place

Herron-Morton Place, IN

If you are looking for a new place to call home in Indianapolis, Herron-Morton Place is a great place to plant roots. Listed on the National Register of Historic Places, Herron-Morton Place offers a vibrant community with access to a variety of amenities, from local coffee shops and eateries to park...
$619,342
Average Sale Price
107
Average Days On The Market
92%
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 1633-1635 N New Jersey Street, Indianapolis, IN 46202

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1633-1635 N New Jersey Street, Indianapolis, IN 46202 is a townhome currently listed at $935,000. This townhome has been listed on @properties IND since March 6th, 2026 and was built in 1919. Nearby schools include James Russell Lowell School 51, Arlington Community Middle School, and George Washington High School.

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