1808 E Washington St, Indianapolis, IN, 46201
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1890
Materials
- Roof: Shingle
- Construction materials: Wood Siding,Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family,Duplex
Interior
Appliances
- Laundry features: Other
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Property
Details
- Parcel number: 491006185095000101
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
- Fencing: Fenced,Partial
Lot
- Lot size: 3,484 sqft
- Features: City Lot,Storm Sewer,Street Lights
Parking
- Parking features: On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,137 | $13,644 |
| Home Insurance * | $223 | $2,676 |
| Property Taxes | $427 | $5,124 |
| Electricity | $184 | $2,212 |
| Total | $1,971 | $23,652 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Listed for sale | $250,000 |
| 2025-08-01 | Listing removed | $250,000 |
| 2025-07-18 | Price change | $250,000 |
| 2025-07-09 | Pending sale | $260,000 |
| 2025-06-12 | Price change | $260,000 |
| 2025-04-16 | Price change | $270,000 |
| 2025-02-20 | Listed for sale | $299,000 |
| 2021-09-16 | Listing removed | -- |
| 2021-04-02 | Listed for sale | $170,000 |
| 2019-10-31 | Listing removed | $125,000 |
| 2019-08-22 | Listed for sale | $125,000 |
| 2019-04-19 | Sold | $75,000 |
| 2019-03-14 | Pending sale | $81,900 |
| 2019-02-18 | Price change | $81,900 |
| 2018-08-28 | Listed for sale | $115,000 |
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