4601 E 19th Street, Indianapolis, IN 46218
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
4601 E 19th Street,Indianapolis, IN 46218
$129,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:22126505
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$129,900
About this home
AFFORDABLE, INCOME-PRODUCING DUPLEX WITH VALUE-ADD POTENTIAL! Clean, well-kept Indianapolis duplex offered at just $129,900 with both units currently occupied. The 2BR/1BA unit rents for $700/month with the current lease running through June 2027, while the 1BR/1BA unit rents for $475/month on a month-to-month basis, providing a combined $1,175/month in current rental income. Tenants pay gas and electric; owner pays water and sewer and provides stoves and refrigerators. Several major capital improvements have already been addressed, including a roof approximately 2 years old, furnaces approximately 4-5 years old, siding approximately 6-8 years old, and replacement windows approximately 12 years old. Full basement provides additional utility/storage space. With established tenants, significant improvements already completed, and potential opportunity to increase income over time, this property offers an appealing combination of current cash flow and future upside for the investor looking to add another door-or two-to the portfolio. Conveniently priced for a buy-and-hold investor or 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, expenses, measurements and information important to buyer....
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Home facts
- Year built:1950
- Subdivision & Development:Glenridge
- Listing ID #:22126505
- Added:1 day(s) ago
- Updated:September 19, 2026 at 03:41 AM
Rooms and interior
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1950
- Lot area:0.14 Acres
Finances and disclosures
- Price:$129,900
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