Updated Triplex Income
For Sale
$330,000
1920 E Washington Street, Indianapolis, IN 46201
MULTI_FAMILY - Indianapolis, IN
Property SizeContact for details
Lot Size0.09 Acres
Days on Market56
Property Features for 1920 E Washington Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Subdivision
110 E Washington
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Active
APN
491006159107000101
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
State Plaza Ex 53Ft N End L5
Legal Description
State Plaza Ex 53Ft N End L5
Building Details
Year built
1915
Floors in Building
2
Number of units
3
Roof type
Asphalt
Listing Agency:
Trueblood Real Estate
(317) 288-5148
Listed By:
Craig Greenwood
(317) 679-6330
Added: Jun 18
Changed: Aug 11
Last Checked: Aug 12 at 11:06AM
MLS# 22107400
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Investment Insights
Based on property information with market context.
This fully updated triplex includes three separate rental units. The property offers a spacious 3-bedroom, 1.5-bath unit; an upstairs 1-bedroom, 1-bath unit; and a studio unit that is currently vacant and rental-ready. Updates include refreshed bathrooms, new flooring, and fresh paint across the units.
The address is 1920 E Washington Street in Indianapolis, IN 46201, in Marion County.
The current configuration provides two occupied units and one vacancy that can be brought online for additional income, with each unit positioned as a separate rental space within the same building.
The address is 1920 E Washington Street in Indianapolis, IN 46201, in Marion County.
The current configuration provides two occupied units and one vacancy that can be brought online for additional income, with each unit positioned as a separate rental space within the same building.
Key Highlights
- Updated triplex at 1920 E. Washington St in downtown Indianapolis
- Triplex includes a 3‑bedroom, 1.5‑bath unit rented for $1,500/month
- Upstairs 1‑bedroom, 1‑bath unit leased for $925/month
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
791
Businesses Nearby
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully updated triplex with three units, including a rental-ready studio unit currently vacant.
Where is this triplex located?
The property is located at 1920 E Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Updated triplex at 1920 E. Washington St in downtown Indianapolis; Triplex includes a 3‑bedroom, 1.5‑bath unit rented for $1,500/month; Upstairs 1‑bedroom, 1‑bath unit leased for $925/month
