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.
Address
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Address: 1808 E Washington Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
Details
Updated on April 20, 2026 at 10:19 pm-
Property ID 22091469
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Price $250,000
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Land Area 0.08 Acres
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Garage Size x x
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Year Built 1890
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Property Type Duplex, Residential Income
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Property Status Active
Additional details
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Roof Shingle
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Cooling Central Air
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Heating Forced Air,Natural Gas
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County Marion
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Property Type Residential Income
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Parking On Street
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Architectural Style Colonial
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees