Key facts
- Lot
- 0.11 acres
- Year built
- 1910
- Type
- Residential Income · Duplex
- Stories
- Multi/split
- MLS #
- 22089555
- County
- Marion
- Subdivision
- State Square
About this home
Welcome to 1805 Southeastern Ave, a turnkey duplex offering an exceptional investment opportunity in the heart of Indianapolis! This income-producing property is already generating strong cash flow, with both units currently rented for $1,500 per month, bringing the total monthly rental income to $3,000 ($36,000 annually). Each unit is separately metered, helping keep operating expenses low, and both units feature in-unit washer and dryer hookups for added convenience. Recent improvements include two new furnaces and two new A/C units, providing peace of mind for years to come. Whether you're looking to add a stable, cash-flowing asset to your portfolio or secure a well-maintained multifamily investment in a growing area, this property is a fantastic opportunity. Conveniently located just minutes from downtown Indianapolis, 1805 Southeastern Ave is ready to start producing income from day one. Don't miss your chance to own this exceptional investment property!
Description provided by the listing brokerage.
Interior
- Basement
- Laundry
- Security
Exterior
- Exterior features
- Construction
- Style
- Parking and garage
- View
- Other equipment
Systems
- Heating
- Cooling
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $4,088 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
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.
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