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1808 E Washington St, Indianapolis, IN, 46201

3beds
3baths
--sqft
$250,000
--price/sqft
$2,171/moest. monthly cost
$86,840/yrincome needed

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

60
WalkingSomewhat Walkable
40
TransitSome Transit
67
BikeBikeable

Schools

6/10
1/10
3/10

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