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4601 E 19th Street Indianapolis, IN $ 129,900
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$ 129,900 Get more info
4601 E 19th Street
$ 129,900
Back to search
Share Save

4601 E 19th Street

Indianapolis, IN, 46218
$ 129,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 897

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Multi-Family Home for sale in Indianapolis, IN

for $129,900. This home was built in 1950 on a lot size of 0.14.

AFFORDABLE, INCOME-PRODUCING DUPLEX WITH VALUE-ADD POTENTIAL! Clean, well-kept Indianapolis duplex offered at just $129,900 with both units currently occupied. The 2BR/1BA unit rents for $700/month with the current lease running through June 2027, while the 1BR/1BA unit rents for $475/month on a month-to-month basis, providing a combined $1,175/month in current rental income. Tenants pay gas and electric; owner pays water and sewer and provides stoves and refrigerators. Several major capital improvements have already been addressed, including a roof approximately 2 years old, furnaces approximately 4-5 years old, siding approximately 6-8 years old, and replacement windows approximately 12 years old. Full basement provides additional utility/storage space. With established tenants, significant improvements already completed, and potential opportunity to increase income over time, this property offers an appealing combination of current cash flow and future upside for the investor looking to add another door-or two-to the portfolio. Conveniently priced for a buy-and-hold investor or 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, expenses, measurements and information important to buyer.

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Multi-Family Active

Price

$ 129,900

Property Type

Multi-Family

Taxes

$ 1,648

Style

Lot Size

0.14

Year Built

1950

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22126505
Features
General
Possession Closing
Year Built 1950
Tenant Pays Electricity Gas
Township Center
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Glenridge
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 6142
Current Financing Exchange - 1031 Conventional
Standard Status Active
Tax Lot 49-07-33-146-009.000-101
Legal Description Glenridge 5th Sec L196
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Interior
Basement (Y/N) Y
Laundry Features Connections All
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Exterior
Lot Size Acres 0.14
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* Excluded Features
List By
No Limit Real Estate, Llc

Broker

charlenegaard@aol.com

Email

Affordability Calculator

$1,035
Per Month
87%
13%
0%
Monthly Principal & Interest
$897
Monthly Property Taxes
$137
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
9/17/2026 $129,900 Listed Price

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4601 E 19th Street, Indianapolis, IN, 46218 is a Multi-Family Home for sale at $129,900 with a lot size of 0.14. 4601 E 19th Street has 0.0 baths and was built in 1950. The property's zip code is 46218 which is in Indianapolis, IN

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