About This Home
This 1-bedroom, 1-bathroom multi-family at 1849 E Minnesota in Indianapolis, IN is listed for $139,900. Built in 1926, on a 0.08 acres lot.
Key Features
- Built in 1926
- 0.08 acre lot
Property Details
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.
Monthly Cost Estimate
$748/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1849 E Minnesota
Indianapolis, IN 46203
Factory Place
Questions & Answers
This 1-bedroom, 1-bathroom multi-family at 1849 E Minnesota is listed at $139,900. The estimated monthly payment is $748 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1926, 0.08 acre lot.
This property is listed by Kyle Hoffman and can be reached at (317) 489-3441.
