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1702 E 46th Street Indianapolis, IN $ 219,900
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$ 219,900 Get more info
1702 E 46th Street
$ 219,900
Back to search
Share Save

1702 E 46th Street

Indianapolis, IN, 46205
$ 219,900
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,519

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Multi-Family Home for sale in Indianapolis, IN

for $219,900. This home was built in 1940 on a lot size of 0.14.

INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1,575/month or $18,900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219,900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, tenant utility reimbursements, expenses, measurements and all information important to buyer.

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Multi-Family Active

Price

$ 219,900

Property Type

Multi-Family

Taxes

$ 3,358

Style

Lot Size

0.14

Year Built

1940

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22126506
Features
General
Possession Subject To Tenant Rights
Year Built 1940
Tenant Pays All Utilities
Township Washington
Levels One
Property Subtype Duplex
Tax Year 2025
Current Use Apt<20
County Marion
Net Operating Income 14643
New Construction N
Property Type Residential Income
Subdivision Name Bellaire
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 5881
Current Financing Exchange - 1031 Conventional
Standard Status Active
Tax Lot 49-07-07-139-356.000-801
Legal Description Bellaire L13
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Interior
Basement (Y/N) Y
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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

$1,799
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,519
Monthly Property Taxes
$280
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 $219,900 Listed Price

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1702 E 46th Street, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $219,900 with a lot size of 0.14. 1702 E 46th Street has 0.0 baths and was built in 1940. The property's zip code is 46205 which is in Indianapolis, IN

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