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:104 day(s) ago
- Updated:September 25, 2025 at 09:44 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
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