1808 E Washington Street, Indianapolis, IN 46201
- $225,000
- List Price
- $225,000
- Price Change
- ▼ $25,000 1778813838
- MLS#
- 22091469
- Days on Market
- 99
- Status
- ACTIVE
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.
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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
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Listing courtesy of eXp Realty, LLC.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative