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1920 E Washington Street Indianapolis, IN $ 310,000
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$ 310,000 Get more info
1920 E Washington Street
$ 310,000
Back to search
Share Save

1920 E Washington Street

Indianapolis, IN, 46201
$ 310,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,141

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Multi-Family Home for sale in Indianapolis, IN

for $310,000. This home was built in 1915 on a lot size of 0.09.

Fantastic investment opportunity in the heart of downtown Indianapolis! This fully updated triplex at 1920 E. Washington Street offers immediate cash flow with additional upside potential. The property features a spacious 3-bedroom, 1.5-bath unit currently rented for $1,500 per month, an upstairs 1-bedroom, 1-bath unit leased for $925 per month, and a studio unit at 1922 that is currently vacant and rental-ready, providing an opportunity for increased income. Each unit has been refreshed with updated bathrooms, new flooring, and fresh paint, making this a low-maintenance addition to any portfolio. Tenants will appreciate the convenient downtown location with easy access to restaurants, entertainment, and employment centers. With strong existing rents, a vacant unit ready for occupancy, and room for future rent increases, this property presents an excellent opportunity for investors seeking both current income and long-term appreciation. Whether you're expanding your portfolio or looking for a turnkey multifamily investment, this Indianapolis triplex is one you won't want to miss.

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Multi-Family Active

Price

$ 310,000

Property Type

Multi-Family

Taxes

$ 6,556

Style

Lot Size

0.09

Year Built

1915

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22107400
Features
General
Possession Closing
Roof Asphalt
Year Built 1915
Township Center
Levels Two
Property Subtype Triplex
Tax Year 2024
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name 110 E Washington
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 3
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3824
Virtual Tour xhttps://hotplatemedia.aryeo.com/sites/elvjvajw/unbranded https://hotplatemedia.aryeo.com/sites/1922-e-washington-st-indianapolis-in-46201-25823952/branded
Standard Status Active
Tax Lot https://hotplatemedia.ar
Legal Description State Plaza Ex 53Ft N End L5
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Interior
Basement (Y/N) Y
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Exterior
Lot Size Acres 0.09
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* Excluded Features
List By
Trueblood Real Estate

Broker

cgreenwood@truebloodre.com

Email

Affordability Calculator

$2,687
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,141
Monthly Property Taxes
$546
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/9/2026 $310,000 -6.06% Price Down
8/11/2026 $330,000 -2.94% Price Down
7/21/2026 $340,000 -2.86% Price Down
7/8/2026 $350,000 -2.78% Price Down
6/18/2026 $360,000 Listed Price

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1920 E Washington Street, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $310,000 with a lot size of 0.09. 1920 E Washington Street has 0.0 baths and was built in 1915. The property's zip code is 46201 which is in Indianapolis, IN

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