1849 E Minnesota Street, Indianapolis, IN 46203

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1849 E Minnesota Street,Indianapolis, IN 46203
$155,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:tyler lingle
Office:@properties
MLS#:22044561
Source:IN_MIBOR

Price summary

  • Price:$155,000

About this home

Fully rented and cash-flowing, this 1 bed, 1 bath duplex presents an excellent opportunity for both investors and owner-occupants. Currently generating $1,525/month in gross rental income, there's clear upside potential-market rents are projected at $1,000-$1200/month per unit. With boths units on a month-to-month lease, there's flexibility to raise rents or renovate. Each unit is separately metered for utilities, simplifying management and improving efficiency. Recent upgrades include brand-new soffit replacement, and there's plenty of room to add value through cosmetic improvements. Whether you're looking to grow your portfolio or live in one unit while renting out the other, this property is packed with potential.

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Home facts

  • Year built:1926
  • Listing Id #:22044561
  • Added:62 day(s) ago
  • Updated:July 17, 2025 at 12:39 PM

Heating and cooling

  • Cooling:Central Electric, Window Unit(s)

Structure and exterior

  • Year built:1926
  • Lot area:0.08 Acres

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$155,000