1920 E Washington Street, Indianapolis, IN 46201
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
Listed by: craig greenwood
Office: trueblood real estate
MLS#:22107400
Source:IN_MIBOR
Price summary
- Price:$360,000
About this home
Fantastic investment opportunity in the heart of downtown Indianapolis! This fully updated triplex at 1920 E. Washington Street offers immediate cash flow with additional upside potential. The property features a spacious 3-bedroom, 1.5-bath unit currently rented for $1,500 per month, an upstairs 1-bedroom, 1-bath unit leased for $925 per month, and a studio unit at 1922 that is currently vacant and rental-ready, providing an opportunity for increased income. Each unit has been refreshed with updated bathrooms, new flooring, and fresh paint, making this a low-maintenance addition to any portfolio. Tenants will appreciate the convenient downtown location with easy access to restaurants, entertainment, and employment centers. With strong existing rents, a vacant unit ready for occupancy, and room for future rent increases, this property presents an excellent opportunity for investors seeking both current income and long-term appreciation. Whether you're expanding your portfolio or looking for a turnkey multifamily investment, this Indianapolis triplex is one you won't want to miss....
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Home facts
- Year built:1915
- Listing ID #:22107400
- Added:2 day(s) ago
- Updated:June 21, 2026 at 03:05 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Roof:Asphalt
- Year built:1915
- Lot area:0.09 Acres
Finances and disclosures
- Price:$360,000
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