Occupied Duplex with
For Sale
$219,900
1702 E 46th Street, Indianapolis, IN 46205
Both apartments are occupied, with gas and electric paid by tenants and water and sewer costs reimbursed to the owner.
Property SizeContact for details
Days on Market44
Property Features for 1702 E 46th Street
General Information
Standard status
Active
Property subtype
Residential Income
Financials
Asking Price
$219,900
Gross Income
$18,900
Site & Location
Neighborhood
Fairgrounds
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1940
Stories
1
Units
2
Listing Agency:
G. Martin Realty
(317) 807-1808
Listed By:
Greg Martin
(317) 345-4655
Source:
Gmartinrealty
Added: Sep 17
Changed: Oct 27
Last Checked: Oct 29 at 10:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of G. Martin Realty
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Investment Insights
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Built in 1940, this occupied duplex has two apartments: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. A basement is also part of the property. The owner supplies a stove and refrigerator for each unit, and the furnaces are approximately 7–8 years old.
The larger apartment has a lease scheduled to run through March 2027; the smaller apartment is rented month to month. Tenants pay gas and electric, and reimburse the owner for water and sewer. The property is being sold as-is.
The larger apartment has a lease scheduled to run through March 2027; the smaller apartment is rented month to month. Tenants pay gas and electric, and reimburse the owner for water and sewer. The property is being sold as-is.
Key Highlights
- Two occupied apartments: one 2BR/1BA and one 1BR/1BA
- Larger unit lease runs through March 2027; smaller unit is month‑to‑month
- Tenants pay gas and electric and reimburse the owner for water/sewer
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
790
Businesses Nearby
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Business Placement
Demographics for 46205, IN
27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments are occupied, with gas and electric paid by tenants and water and sewer costs reimbursed to the owner.
Where is this duplex located?
The property is located at 1702 E 46th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two occupied apartments: one 2BR/1BA and one 1BR/1BA; Larger unit lease runs through March 2027; smaller unit is month‑to‑month; Tenants pay gas and electric and reimburse the owner for water/sewer
