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

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