1849 E Minnesota Indianapolis, IN $ 139,900
1849 E Minnesota
$ 139,900
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1849 E Minnesota

Indianapolis, IN, 46203
$ 139,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 966

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Multi-Family Home for sale in Indianapolis, IN

for $139,900. This home was built in 1926 on a lot size of 0.08.

Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the property as a traditional income-producing duplex. Whether you're looking to take your first step into real estate investing or expand an existing portfolio, this property offers a flexible opportunity to build equity and generate rental income on Indy's near southeast side.

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Multi-Family Active

Price

$ 139,900

Property Type

Multi-Family

Taxes

$ 1,768

Style

Lot Size

0.08

Year Built

1926

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22119112

Features
General
Possession Closing
Year Built 1926
Township Center
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Factory Place
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3398
Standard Status Active
Tax Lot 491018157105000101
Legal Description Factory Pl Add Ex 35Ft S End L76
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Interior
Basement (Y/N) Y
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Exterior
Lot Size Acres 0.08
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* Excluded Features
List By
@Properties

Broker

kyle@rootsrealty.co

Email

Affordability Calculator

$1,114
Per Month
87%
13%
0%
Monthly Principal & Interest
$966
Monthly Property Taxes
$147
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
Pricing History
DatePricePrice ChangeDescription
9/10/2026$139,900 -6.67% Price Down
8/8/2026$149,900 Listed Price

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1849 E Minnesota, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $139,900 with a lot size of 0.08. 1849 E Minnesota has 0.0 baths and was built in 1926. The property's zip code is 46203 which is in Indianapolis, IN