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1849 E Minnesota St

Indianapolis IN 46203

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

Overview

Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the property as a traditional income-producing duplex. Whether you're looking to take your first step into real estate investing or expand an existing portfolio, this property offers a flexible opportunity to build equity and generate rental income on Indy's near southeast side.

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

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 48 duplexes similar to 1849 E Minnesota St, have been sold.

This represents a 54% decrease in duplexes sales when compared to the previous 12 months.

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