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1849 E Minnesota Street

Indianapolis, IN 46203

– beds
– baths
– sqft
3,398 sqft lot
1926 build

Fully rented and cash-flowing, this 1 bed, 1 bath duplex offers a great opportunity for both investors and owner-occupants. Each unit is separately metered for utilities, simplifying management and maximizing efficiency. Recent updates include brand-new soffit replacement, and there's plenty of room to add value with cosmetic improvements. One unit is on a month-to-month lease, offering flexibility for future plans. Whether you're growing your portfolio or looking to live in one side and rent the other, this property is full of potential.

Listing courtesy of MIBOR / @properties

Last checked: Checking… • Last updated Jun 14, 2025 •

MLS# 22044561 —

The Building

Year Built:

1926
New Construction:

false
Construction Materials:

Cement Siding
Architectural Style:

Ranch
Foundation Details:

Block
Levels:

One
Basement:

true
Security Features:

Smoke Alarm
Green Certification:

No

Interior

Laundry Features:

Connections All

Location

Directions:

GPS Friendly
Latitude:

39.7449
Longitude:

-86.127574

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Parcel Number:

491018157105000101
Acres:

<1/4 Acre
Lot Features:

Access, Sidewalks, Storm Sewer, Street Lights
Lot Size Acres:

0.08
Lot Size SqFt:

3,398 Sqft
Price Per Acre:

2062500
Structure Type:

Duplex
Fencing:

Fence Full Rear
Fence:

Yes
Current Use:

Apt>20
Possible Use:

Apt>20
Road Access:

Not Applic
Road Frontage Type:

City Street

Listing Agent

Contact info:

Taxes

Tax Lot:

491018157105000101
Tax Year:

2024
Semi Annual Property Tax Amt:

876

Heating & Cooling

Cooling:

Window Unit(s)

Utilities

Building Utilities:

Sewer,Water
Solid Waste:

No

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Factory Place

Parking

Parking:

On Street,Parking Lot

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/12/25 Jun 12, 2025	Listed / Active	MIBOR	$165,000	94.3% (27.3% / YR)
12/28/21 Dec 28, 2021		MIBOR	$84,900
11/23/21 Nov 23, 2021		MIBOR	$84,900

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This multifamily located in South Side Indianapolis, Indianapolis, IN 46203 is currently for sale for $165,000. 1849 E Minnesota Street is a – square foot multifamily with – beds and – baths. 1849 E Minnesota Street is in the South Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 48, making it car-dependent. This multifamily is in the attendance area of Riverside High School, Arsenal Technical High School, George Washington Community High School, William Mckinley School 39, and Arlington Middle School.

Listing Courtesy of: MIBOR and @properties.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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