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Listed by James Gilday • eXp Realty, LLC
$ 250,000
Est. payment /mo
New
1808 E Washington ST Indianapolis, IN 46201
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Willard Place
MLS Listing ID 22091469
Year Built 1890
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Duplex
Property Description
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.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
Exterior Feature Lighting
Roof Type Shingle
Building
Story Two
Architectural Style Colonial
Structure Type Wood Siding,Brick
New Construction false
Schools
School District Indianapolis Public Schools
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