1702 46th
Indianapolis, IN
$219,900
1702 46th, Indianapolis, IN 46205
Indianapolis, IN 46205 · Bellaire
MLS# MBR22126506
Listed 1 day ago
About this home
INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1,575/month or $18,900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219,900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, tenant utility reimbursements, expenses, measurements and all information important to buyer.
Property Details
- Type
- Multi-Family
- Year Built
- 1940
- Lot Size
- 0.14 acres
- Listed
- 1 day ago
- County
- Marion
- Listing Office
- No Limit Real Estate, LLC
- Listing Agent
- Charlene Gaard
Mortgage Calculator
Estimate principal and interest for this listing.
$43,980
Estimated monthly payment
$1,112/mo
- Principal & interest
- $1,112
- Loan amount
- $175,920
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by No Limit Real Estate, LLC with Charlene Gaard. Contact charlenegaard@aol.com.


