Listing provided courtesy of eXp Realty, LLCMLS# MBR22091469MLS Provider
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Welcome to this Victorian colonial style residential duplex located in Indianapolis Indiana. Ideally located near downtown and along established bus routes, this well-positioned duplex offers a unique opportunity for both residential rental income and potential commercial use. Zoned C3 Neighborhood Commercial District, the property sits along high-traffic Washington Street, providing excellent visibility and exposure to a steady flow of daily commuters. One unit is currently tenant-occupied, generating immediate rental income, while the second unit offers flexibility for owner-occupancy or additional leasing. This configuration makes the property attractive to both seasoned investors seeking to expand their portfolio and first-time investors interested in offsetting living expenses with rental income. The property is currently livable and income-producing, though it would benefit from updates and improvements-presenting a strong value-add opportunity for the right buyer. This duplex combines immediate cash flow with long-term potential in a highly visible and accessible location.

Source: MIBOR, MLS#: MBR22091469

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  • Property Type
    Residential Income
  • Lot
    0.08 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1808 E Washington Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/14/2026Source: MIBOR Price Reduction
$225,000 -10.0%
4/20/2026Source: MIBOR Added to Database
April 20, 2026