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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1920 E Washington Street in Indianapolis, IN is listed for $360,000. Built in 1915, on a 0.09 acres lot.
Fantastic investment opportunity in the heart of downtown Indianapolis! This fully updated triplex at 1920 E. Washington Street offers immediate cash flow with additional upside potential. The property features a spacious 3-bedroom, 1.5-bath unit currently rented for $1,500 per month, an upstairs 1-bedroom, 1-bath unit leased for $925 per month, an
d a studio unit at 1922 that is currently vacant and rental-ready, providing an opportunity for increased income. Each unit has been refreshed with updated bathrooms, new flooring, and fresh paint, making this a low-maintenance addition to any portfolio.
Tenants will appreciate the convenient downtown location with easy access to restaurants, entertainment, and employment centers. With strong existing rents, a vacant unit ready for occupancy, and room for future rent increases, this property presents an excellent opportunity for investors seeking both current income and long-term appreciation. Whether you're expanding your portfolio or looking for a turnkey multifamily investment, this Indianapolis triplex is one you won't want to miss.
Key Features
- Built in 1915
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1920 E Washington Street
Indianapolis, IN 46201
110 E Washington
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1920 E Washington Street is listed at $360,000. The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.09 acre lot, 2 stories.
This property is listed by Craig Greenwood and can be reached at (317) 679-6330 or cgreenwood@truebloodre.com.