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Triplex with Refreshed Interiors
For Sale
$310,000

1920 E Washington Street, Indianapolis, IN 46201

Two apartments are occupied, while a separate studio is vacant.

Property SizeContact for details
Days on Market129

Property Features for 1920 E Washington Street

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Christian Park

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 3

Building Details

Year Built 1915
Stories 2
Units 3
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Battsrealestategroup
Added: Jun 18 Changed: Oct 22 Last Checked: Oct 22 at 2:17PM

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 Batts Real Estate Group

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Investment Insights

Based on property information with market context.

This three-unit residential property includes a three-bedroom, 1.5-bath apartment, a one-bedroom, one-bath apartment, and a studio. The bathrooms have been updated, and the interiors feature new flooring and fresh paint. The studio is vacant; the other two apartments are occupied. The building dates to 1915.

Located at 1920 E. Washington Street in downtown Indianapolis, the property offers a three-unit configuration with a mix of apartment sizes.

Key Highlights

  • Three‑unit property with a three‑bedroom, 1.5‑bath apartment, a one‑bedroom, one‑bath apartment, and a studio
  • Two apartments are occupied; the studio is vacant
  • Updated bathrooms, new flooring, and fresh paint

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

791
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two apartments are occupied, while a separate studio is 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 $310,000.
What are key features of this property?
This property features: Three‑unit property with a three‑bedroom, 1.5‑bath apartment, a one‑bedroom, one‑bath apartment, and a studio; Two apartments are occupied; the studio is vacant; Updated bathrooms, new flooring, and fresh paint
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