Key facts
- Lot
- 0.08 ac
- Year built
- 1926
- Type
- Duplex
- MLS #
- 22119112
- County
- Marion
- Annual tax
- $1,768/yr
About this home
Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the property as a traditional income-producing duplex. Whether you're looking to take your first step into real estate investing or expand an existing portfolio, this property offers a flexible opportunity to build equity and generate rental income on Indy's near southeast side.
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trustLocation
Open in Google Maps- Address
- 1849 E Minnesota, Indianapolis, IN 46203
- County
- Marion
- Listing Office:
- @properties
- Listing Office Phone:
- 317-489-3441
