About This Home

This 3-bedroom, 3-bathroom multi-family at 1808 E Washington Street in Indianapolis, IN is listed for $225,000. Built in 1890, on a 0.08 acres lot.

Key Features

  • Built in 1890
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
3 full
1890

Amenities

A/C
Listing Description

Welcome to this Victorian colonial style residential duplex located in Indianapolis Indiana. Ideally located near downtown and along established bus routes, this well-positioned duplex offers a unique opportunity for both residential rental income and potential commercial use.

Zoned C3 Neighborhood Commercial District, the property sits along high-traffic Washington Street, providing excellent visibility and exposure to a steady flow of daily commuters. One unit is currently tenant-occupied, generating immediate rental income, while the second unit offers flexibility for owner-occupancy or additional leasing.

This configuration makes the property attractive to both seasoned investors seeking to expand their portfolio and first-time investors interested in offsetting living expenses with rental income. The property is currently livable and income-producing, though it would benefit from updates and improvements-presenting a strong value-add opportunity for the right buyer. This duplex combines immediate cash flow with long-term potential in a highly visible and accessible location.

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

1808 E Washington Street

Indianapolis, IN 46201

Willard Place

Features & Amenities

Exterior Features

Lighting

Property Details

Construction

Wood Siding Brick

Parking

On Street

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 3-bedroom, 3-bathroom multi-family at 1808 E Washington Street is listed at $225,000. The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.08 acre lot, 2 stories. Exterior Features: Lighting.

This property is listed by James Gilday.

JG

James Gilday

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (812) 734-6048 · View on Broker Site · Broker website

MLS# 22091469· Source: Broker Listing Cooperative®· 192 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1808 E Washington Street, Indianapolis, IN 46201

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