Duplex with Owner-Occupancy
For Sale
$149,900
1849 E Minnesota, Indianapolis, IN 46203
Two-unit residential property with one occupied side and a separate vacant unit for owner occupancy or leasing.
Property Size3,398 SF
Price / SF$44.11
Days on Market20
Property Features for 1849 E Minnesota
General Information
Standard status
Active
Size
3,398 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1926
Listing Agency:
Mackenzie Allen, Polston & Ass
(317) 520-8980
Listed By:
Tony Reffeitt · License #6501323797
(317) 520-8980
Source:
Realintegrity
Added: Aug 10
Changed: Aug 28
Last Checked: Aug 28 at 10:14AM
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 Mackenzie Allen, Polston & Ass
Investment Insights
Based on property information with market context.
This 3,398-square-foot duplex in Indianapolis contains two residential units with distinct occupancy positions. One side is currently leased, while the other is vacant and can be occupied by a new owner or prepared for a future tenant. The configuration supports either owner occupancy alongside rental income or operation as a fully leased duplex.
Built in 1926, the property is located on E Minnesota in Indianapolis’ near southeast side. Its two-unit layout provides a straightforward residential income property format for an owner seeking a combination of personal use and rental operations, or for an investor adding a duplex to an existing portfolio.
Built in 1926, the property is located on E Minnesota in Indianapolis’ near southeast side. Its two-unit layout provides a straightforward residential income property format for an owner seeking a combination of personal use and rental operations, or for an investor adding a duplex to an existing portfolio.
Key Highlights
- 3,398 SF duplex with two residential units
- One unit currently leased; the neighboring unit is vacant
- Vacant side can support owner occupancy or future leasing
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
Demographics for 46203, IN
38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
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?
Duplex - Two-unit residential property with one occupied side and a separate vacant unit for owner occupancy or leasing.
Where is this duplex located?
The property is located at 1849 E Minnesota Indianapolis, IN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 3,398 SF duplex with two residential units; One unit currently leased; the neighboring unit is vacant; Vacant side can support owner occupancy or future leasing
