1702 E 46th Street, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1702 E 46th Street,Indianapolis, IN 46205
$219,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:22126506
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$219,900

About this home

INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1,575/month or $18,900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219,900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms,...

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Home facts

  • Year built:1940
  • Subdivision & Development:Bellaire
  • Listing ID #:22126506
  • Added:51 day(s) ago
  • Updated:November 08, 2026 at 04:20 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1940
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$219,900
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