Back 1849 E Minnesota St
Active

1849 E Minnesota St

Indianapolis IN 46203

3398 sq. ft.
Duplex
Currently for sale - view listing

Overview

Fully rented and cash-flowing, this 1 bed, 1 bath duplex presents an excellent opportunity for both investors and owner-occupants. Currently generating $1,525/month in gross rental income, there's clear upside potential-market rents are projected at $1,000-$1200/month per unit. With boths units on a month-to-month lease, there's flexibility to raise rents or renovate. Each unit is separately metered for utilities, simplifying management and improving efficiency. Recent upgrades include brand-new soffit replacement, and there's plenty of room to add value through cosmetic improvements. Whether you're looking to grow your portfolio or live in one unit while renting out the other, this property is packed with potential.

Features

3398 sq. ft. lot size
Duplex

Property history for 1849 E Minnesota St

2021
Sold
$84,900
28 Dec 2021 by Ryan Boyd, of @properties
2020
Sold
$55,000
02 Oct 2020 by Hayley Wild, of Trueblood Real Estate
2018
Sold
$37,000
06 Sep 2018 by Charlene Gaard, of No Limit Real Estate, LLC

Happy sellers in Indianapolis

~%

We have insufficient information to provide an overview of customer satisfaction for Indianapolis. Viewing the agent profiles, reviews and sales for Indianapolis can provide insights for this location.

Local market activity for duplexes in Indianapolis

In the last 12 months, 40 duplexes similar to 1849 E Minnesota St, have been sold.

This represents a 24% decrease in duplexes sales when compared to the previous 12 months.

© 2026 RateMyAgent