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+13176639192
Luxury Keys
1808 E Washington Street, Indianapolis, IN 46201
- $225,000
- List Price
- $225,000
- Price Change
- ▼ $25,000 1778813838
- MLS#
- 22091469
- Days on Market
- 182
- Status
- PENDING
Property Description
Welcome to this Victorian colonial style residential duplex located in Indianapolis Indiana. Ideally located near downtown and along established bus routes, this well-positioned duplex offers a unique opportunity for both residential rental income and potential commercial use. Zoned C3 Neighborhood Commercial District, the property sits along high-traffic Washington Street, providing excellent visibility and exposure to a steady flow of daily commuters. One unit is currently tenant-occupied, generating immediate rental income, while the second unit offers flexibility for owner-occupancy or additional leasing. This configuration makes the property attractive to both seasoned investors seeking to expand their portfolio and first-time investors interested in offsetting living expenses with rental income. The property is currently livable and income-producing, though it would benefit from updates and improvements-presenting a strong value-add opportunity for the right buyer. This duplex combines immediate cash flow with long-term potential in a highly visible and accessible location.
Additional Information
- Expenses
- 6850
- Tenant Pays
- Insurance, Rent Only
- Owner Pays
- All Utilities, Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water
- Basement
- Unfinished
- Stories
- Two
- Architecture
- Colonial
- Exterior Amenities
- Lighting
- Acres
- 0.08
- Heat
- Forced Air, Natural Gas
- Cooling
- Central Air
- Region
- Center
Listing courtesy of James Gilday. eXp Realty, LLC
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.