802 Weghorst Street, Indianapolis, IN 46203

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
802 Weghorst Street,Indianapolis, IN 46203
$239,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: josh monteith
Office: monteith-legault real estate c
MLS#:22048345
Source:IN_MIBOR

Price summary

  • Price:$239,900

About this home

Exceptional Triplex Investment Opportunity in Fountain Square! Unlock the potential of this rare multi-family gem located in the heart of highly sought-after Fountain Square-one of Indianapolis' fastest-growing and most vibrant neighborhoods. This income-producing triplex offers a solid foundation for both seasoned investors and those looking to start or expand their portfolio. Each of the three 1-bedroom, 1-bath units delivers stable rental income, generating a Gross Operating Income (GOI) of $20,400 annually. While the seller currently covers all utilities, averaging approximately $3,884/year, and standard property taxes and insurance, there's ample room to improve cash flow by passing on utility expenses or increasing rents with future updates. Sitting proudly on a large corner lot, the property includes a fenced rear yard-ideal for tenants with pets or for added outdoor appeal-and a 2-car detached garage, offering extra value for storage or future rental potential. Though the

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Home facts

  • Year built:1890
  • Listing ID #:22048345
  • Added:122 day(s) ago
  • Updated:November 06, 2025 at 02:28 PM

Heating and cooling

  • Cooling:Central Electric, Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1890
  • Lot area:0.12 Acres

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$239,900
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