About This Home

This 2-bedroom, 2-bathroom multi-family at 45 N Ewing Street in Indianapolis, IN is listed for $139,000. Built in 1925, on a 0.12 acres lot.

Key Features

  • Built in 1925
  • 0.12 acre lot

Property Details

1 story
2 full
1925
Listing Description

Welcome to 45 N Ewing Street, a well-maintained side-by-side duplex on Indianapolis's near eastside, conveniently located within 10 minutes of downtown, Brookside Park, Christian Park, Ellenberger Park, Community East Hospital, the Community Justice Center, and more.

Each 870-square-foot single level unit offers one bedroom and one bath, with a mix of original hardwood and laminate flooring, a front den/flex room, spacious living room, large formal dining room, kitchen with pantry, and a partial unfinished basement with laundry hookups and utility sink.

Separately fenced rear yards give each side its own private outdoor space, with off-street parking off the rear alley. Move-in or rent-ready and professionally managed by the Wilmoth Group, the property features a roof only two to three years old. The vacant unit is marketed at $825 per month and can be delivered vacant at the buyer's option, while the occupied unit rents for $775 per month through 4/30/27.

Separately metered utilities are paid by the tenants, and combined rents well exceed the coveted 1% rule, making this a strong cash-flowing option for investors and an ideal house-hack for owner-occupants. Rental-grade quality today, with clear upside in both value and rents through cosmetic improvements-schedule your showing and see the potential for yourself. No seller/creative financing.

Monthly Cost Estimate

$743/mo

20% down · 6.5% · 30 years

Principal$101
Interest$602
Insurance$41

Estimates only. Actual payments may vary.

Location

45 N Ewing Street

Indianapolis, IN 46201

National Park

Property Details

Construction

Wood Siding

Parking

Alley

Heating

Forced Air

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 45 N Ewing Street is listed at $139,000. The estimated monthly payment is $744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.12 acre lot.

This property is listed by Peter Stewart.

PS

Peter Stewart

Agent at Keller Williams Indianapolis Metro North

Listed by Keller Williams Indianapolis Metro North · Broker phone: (317) 846-6300 · View on Broker Site · Broker website

MLS# 22130010· Source: Broker Listing Cooperative®· 20 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.

45 N Ewing Street, Indianapolis, IN 46201

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