Residential Income in Indianapolis

$225,000

1808 Washington, 46201, Indianapolis, IN

Residential Income for sale in Indianapolis, 1808 Washington, 46201

1808 Washington, 46201, Indianapolis, IN

$225,000

Type: Residential Income

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.

Location

1808 Washington, 46201, Indianapolis, IN

Data

Object TypeResidential Income
Purchase Price$225,000
Living Space0 m²
Plot Size339.93 m²
BathroomsN/A
Construction Year1890
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1890
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent