# 1702 E 46th Street, Indianapolis, IN 46205

> **TL;DR:** 3bd/2ba multi-family, $219,900, built 1940. Est. $1,176/mo. Listed 43 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $219,900 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Year Built | 1940 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 43 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,112 |
| Estimated Insurance | $64 |
| **Total** | **$1,176** |

## Property Highlights

- Built in 1940
- 0.14 acre lot

## Description

### Agent Description
INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1,575/month or $18,900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219,900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, tenant utility reimbursements, expenses, measurements and all information important to buyer.

## Location

- **Address:** 1702 E 46th Street, Indianapolis, IN 46205
- **County:** Marion
- **Neighborhood:** Bellaire
- **Coordinates:** 39.840376, -86.131257
- **Google Maps:** https://www.google.com/maps?q=39.840376,-86.131257

## Listing Agent

- **Name:** Charlene Gaard
- **Brokerage:** NO LIMIT Real Estate, LLC
- **Broker Phone:** (317) 440-2149
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1702-E-46th-St_Indianapolis_IN_46205_M44715-57298?f=listhub&s=MIBORIN&m=22126506&c=propsimple)

## Photos

![1702 E 46th Street - Photo 1](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2650719508r.jpg)

![1702 E 46th Street - Photo 2](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1866824988r.jpg)

![1702 E 46th Street - Photo 3](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f518467725r.jpg)

![1702 E 46th Street - Photo 4](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f3365052061r.jpg)

![1702 E 46th Street - Photo 5](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f155573193r.jpg)

![1702 E 46th Street - Photo 6](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1899984950r.jpg)

![1702 E 46th Street - Photo 7](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1321406436r.jpg)

![1702 E 46th Street - Photo 8](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f530826138r.jpg)

![1702 E 46th Street - Photo 9](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2008568045r.jpg)

![1702 E 46th Street - Photo 10](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2947505844r.jpg)

![1702 E 46th Street - Photo 11](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1223011994r.jpg)

![1702 E 46th Street - Photo 12](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2400555611r.jpg)

![1702 E 46th Street - Photo 13](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f3043255266r.jpg)

![1702 E 46th Street - Photo 14](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1280065502r.jpg)

![1702 E 46th Street - Photo 15](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f3642279831r.jpg)

![1702 E 46th Street - Photo 16](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1515339610r.jpg)

![1702 E 46th Street - Photo 17](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f3097787161r.jpg)

![1702 E 46th Street - Photo 18](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1597461866r.jpg)

![1702 E 46th Street - Photo 19](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2685654830r.jpg)

![1702 E 46th Street - Photo 20](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2481784073r.jpg)

![1702 E 46th Street - Photo 21](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1709776295r.jpg)

![1702 E 46th Street - Photo 22](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1983637014r.jpg)

![1702 E 46th Street - Photo 23](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2723220948r.jpg)

![1702 E 46th Street - Photo 24](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1650342407r.jpg)

![1702 E 46th Street - Photo 25](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2785360391r.jpg)

![1702 E 46th Street - Photo 26](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f300723787r.jpg)

![1702 E 46th Street - Photo 27](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f542630293r.jpg)

![1702 E 46th Street - Photo 28](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f4001799338r.jpg)

![1702 E 46th Street - Photo 29](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f4015784669r.jpg)

![1702 E 46th Street - Photo 30](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f3770132757r.jpg)

![1702 E 46th Street - Photo 31](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1518102255r.jpg)

![1702 E 46th Street - Photo 32](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f2886441500r.jpg)

![1702 E 46th Street - Photo 33](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1340342517r.jpg)

![1702 E 46th Street - Photo 34](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1211849661r.jpg)

![1702 E 46th Street - Photo 35](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f987971300r.jpg)

![1702 E 46th Street - Photo 36](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1612572342r.jpg)

![1702 E 46th Street - Photo 37](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1208487638r.jpg)

![1702 E 46th Street - Photo 38](http://lh.rdcpix.com/ac5be45f4d145ed9295a3f5d5bc2f819l-f1394820504r.jpg)

---

**MLS#:** 22126506 | **Updated:** 2026-10-25
**Source:** listhub

*Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1702-e-46th-street-indianapolis-in-46205-6b2b79a566824f77942a55435c4fb35a)

---

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      "@id": "https://staging.propertysimple.ai/listing/1702-e-46th-street-indianapolis-in-46205-6b2b79a566824f77942a55435c4fb35a#brokerage",
      "name": "NO LIMIT Real Estate, LLC",
      "telephone": "(317) 440-2149"
    }
  }
}
```