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Listed by Craig Greenwood • Trueblood Real Estate
$ 360,000
Est. payment /mo
New
1920 E Washington ST Indianapolis, IN 46201
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision 110 E Washington
MLS Listing ID 22107400
Year Built 1915
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Property Description
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.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
Others
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