4601 E 19th Street, Indianapolis, IN 46218

Indianapolis
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
  • Active
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...

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Home facts

  • Year built:1950
  • Subdivision & Development:Glenridge
  • Listing ID #:22126505
  • Added:44 day(s) ago
  • Updated:October 31, 2026 at 08:36 PM

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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