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$155,000 -

1849 E Minnesota Street Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.08
Acres

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.

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Property Details

Price: $155,000 Previously: $155,000 Originally: $165,000 Bathrooms: 0.00 MLS #: 22044561 Year Built: 1926 Township: Center Type: Residential Income Zip Code: 46203 City: Indianapolis Subdivision: Factory Place County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Air, Window Unit(s)

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Sidewalks, Storm Sewer, Street Lights
  • # Acres: 0.08

Listing Office: @properties

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 10th, 2025 at 9:56am EDT.

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