1849 E Minnesota Street, Indianapolis, IN 46203
  • $155,000
  • $165,000

Description

Fully rented and cash-flowing, this 1 bed, 1 bath duplex presents an excellent opportunity for both investors and owner-occupants. Currently generating $1,525/month in gross rental income, there’s clear upside potential-market rents are projected at $1,000-$1200/month per unit. With boths units on a month-to-month lease, there’s flexibility to raise rents or renovate. Each unit is separately metered for utilities, simplifying management and improving efficiency. Recent upgrades include brand-new soffit replacement, and there’s plenty of room to add value through cosmetic improvements. Whether you’re looking to grow your portfolio or live in one unit while renting out the other, this property is packed with potential.

  • Address: 1849 E Minnesota Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46203

Details

Updated on October 2, 2025 at 4:04 pm
  • Property ID 22044561
  • Price $155,000
  • Land Area 0.08 Acres
  • Garage Size x x
  • Year Built 1926
  • Property Type Duplex, Residential Income
  • Property Status Withdrawn

Additional details

  • Cooling Central Air,Window Unit(s)
  • County Marion
  • Property Type Residential Income
  • Architectural Style Ranch

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Preeti Chaggar

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