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Luxury Keys
1846 W Lambert Street, Indianapolis, IN 46221
- $207,000
- Sold Price
- $207,000
- List Price
- $229,900
- Closing Date
- Aug 19, 2026
- MLS#
- 22107086
- Days on Market
- 57
- Status
- SOLD
Property Description
Turnkey Income-Producing Duplex Investment Opportunity in Indianapolis! Currently producing approximately $34,800 a year. Don't miss your chance to own this fully occupied, income-producing duplex at 1846 W Lambert Street. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an excellent addition to any investment portfolio. Both units are currently leased for $1,450 per month, providing immediate and consistent rental income. Each unit features a functional layout with two bedrooms and a full bathroom on the main level, while the private upstairs primary suite includes its own full bathroom. Recently remodeled on the interior, the property offers updated living spaces that appeal to tenants while helping minimize future maintenance concerns. Whether you're a seasoned investor looking to expand your portfolio or searching for a turnkey rental property, this duplex checks all the boxes. With strong rental income, modern updates, and full occupancy already in place, this is a turnkey investment opportunity you won't want to miss. Schedule your showing today!
Additional Information
- Tenant Pays
- Electricity, Gas, Insurance
- Owner Pays
- Water
- Basement
- Partial
- Foundation
- Block
- Stories
- Two
- Architecture
- Traditional
- Acres
- 0.10
- Heat
- Forced Air
- Cooling
- Window Unit(s)
- Financing
- Conventional
- Region
- Center
Listing courtesy of Corina Jones. Your Home Team
Selling Office: Keller Williams Indpls Metro N.Mortgage Calculator
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.