1846 W Lambert Street, Indianapolis, IN 46221

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1846 W Lambert Street,Indianapolis, IN 46221
$229,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: corina jones, seth ragon
Office: your home team
MLS#:22107086
Source:IN_MIBOR

Price summary

  • Price:$229,900

About this home

Turnkey Income-Producing Duplex Investment Opportunity in Indianapolis! Currently producing approximately $34,800 a year. Don't miss your chance to own this fully occupied, income-producing duplex at 1846 W Lambert Street. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an excellent addition to any investment portfolio. Both units are currently leased for $1,450 per month, providing immediate and consistent rental income. Each unit features a functional layout with two bedrooms and a full bathroom on the main level, while the private upstairs primary suite includes its own full bathroom. Recently remodeled on the interior, the property offers updated living spaces that appeal to tenants while helping minimize future maintenance concerns. Whether you're a seasoned investor looking to expand your portfolio or searching for a turnkey rental property, this duplex checks all the boxes. With strong rental income, modern updates, and full...

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Home facts

  • Year built:1900
  • Subdivision & Development:Tweeds Oxford Park
  • Listing ID #:22107086
  • Added:51 day(s) ago
  • Updated:August 14, 2026 at 10:28 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Partial

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Lot area:0.1 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$229,900
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