1912 & 1924 N Talbott St, Indianapolis, IN 46202

Talbott Street is a standout street within historic Herron-Morton Place, known for its beautiful historic homes, mature trees, and strong neighborhood character. The area has a distinct sense of community and an established residential appeal, making it a sought-after place to live. For tenants, Talbott Street offers charm and a true neighborhood feel; for investors, Herron-Morton provides the kind of established, desirable setting that supports long-term rental demand.1912 Talbott Street is a unique investment opportunity in one of Indianapolis’ most sought-after historic neighborhoods. Located on a quiet, tree-lined street in Herron-Morton Place, the property includes two buildings with 9 total units and approximately $150,600 in annual rental income. The property has a reputation as the “Melrose Place of Indianapolis”—a close-knit apartment community where tenants know their neighbors, friendships have developed, and residents enjoy a true sense of community. That kind of tenant experience is hard to create and is a real advantage for an investor. The location is another major draw. Residents are close to Downtown Indianapolis, Mass Ave, restaurants, entertainment, universities, and the Indianapolis Cultural Trail, making it easy to enjoy everything downtown has to offer. The surrounding neighborhood is filled with beautifully maintained historic homes, with recent nearby residential sales in the $400,000–$1.1M range, reinforcing the desirability of the area. One of the two buildings has also received substantial improvements, including the creation of two new 1-bedroom/1.5-bath units, fresh exterior paint, professional stucco repairs, rebuilt windows, repaired concrete steps, serviced HVAC systems, and new landscaping. A strong location, established rental income, recent improvements, and a tenant community that people want to be part of make 1912 Talbott Street a compelling Indianapolis investment. Two parcel included in the sale - 49-06-36-176-116.000-101, 49-06-36-176-118.000-101