308 Winters Way Carthage, IN $ 1,400,000
308 Winters Way
$ 1,400,000
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308 Winters Way

Carthage, IN, 46115
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 8,620

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Studio

Multi-Family Home for sale in Carthage, IN

for $1,400,000. This home was built in 1988 on a lot size of 0.31.

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 $150,000 per duplex, $75,000 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 10 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.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,750

Style

Ranch,Traditional

Lot Size

0.31

Year Built

1988

Town/City

Carthage

County/Region

Rush

MLS | Web ID

22058405

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Subject to Tenant Rights
Roof Shingle
Architectural Style Ranch Traditional
Security Features Fire Alarm
Construction Materials Vinyl Siding
Year Built 1988
Tenant Pays All Utilities Insurance
Township Ripley
Levels One
Property Subtype Duplex
Tax Year 2024
Current Use Residential
Additional Parcels Description See Addendum Attached to BLC
County Rush
Net Operating Income 113478
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Facing Direction East
Status Active
Directions GPS Friendly
High School Knightstown High School
City Carthage
High School District C A Beard Memorial School Corp
Number Of Units Total 18
MLS Area 7001 - Rush - Ripley
Lot Size Square Feet 13634
Carport Spaces 0
Elementary School Knightstown Elementary School
Property Attached Y/N Y
Current Financing Exchange - 1031 Conventional
Additional Parcels Y/N Y
Structure Type Duplex
Standard Status Active
Tax Lot 15
Legal Description 009-67477-16 5th Street Sub Lot 15 700219209006000009
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Exterior
Exterior Amenities Not Applicable
Parking Features On Street
Lot Features Not In Subdivision
Foundation Details Crawl Space
Lot Size Acres 0.31
Road Surface Type Asphalt Gravel
Waterfront Y/N N
Road Frontage Type City Street
Other Equipment Smoke Alarm
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Interior
Basement (Y/N) N
Laundry Features Connections All
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* Excluded Features
List By
Highgarden Real Estate

Broker

mel@coutzandco.com

Email

Affordability Calculator

$10,099
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$1,479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4050535 Elementary School
4046468 Middle School
Knightstown High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$1,400,000 Listed Price

Map


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308 Winters Way, Carthage, IN, 46115 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.31. 308 Winters Way is a studio with 0.0 baths and was built in 1988. The property's zip code is 46115 which is in Carthage, IN