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.
Active
$1,400,000
308 N Winters Way, Carthage, IN 46115
3beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1988
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two bedrooms
- 111 days |
- 583 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: February 27, 2026 at 07:32am
Listing Provided 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
Tour with a local agent
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: 112 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
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $1,400,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,978/mo
Principal & interest
$7220
Property taxes
$758
More affordability tools
Climate risks
Neighborhood: 46115
Nearby schools
GreatSchools rating
- 7/10Knightstown Elementary SchoolGrades: PK-3Distance: 5.1 mi
- 5/10Knightstown 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.
Local experts in 46115
- Indiana
- Rush County
- Carthage
- 46115
- 308 N Winters Way




