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1805 Southeastern Avenue

Indianapolis, IN 46201

ActiveListed Mar 17, 2026 · 179 days on market

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
Unfinished
Laundry
Connections AllIn Basement
Security
Smoke Detector(s)

Exterior

Exterior features
Storage Shed
Construction
Brick
Style
Split Level
Parking and garage
Alley AccessConcrete
View
Neighborhood
Other equipment
DehumidifierSmoke Alarm

Systems

Heating
Forced Air
Cooling
Central Air

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

$1,903per month, estimated
Principal and interest $1,461Property tax $341Insurance $101
20% · $57,980
6.47%
Loan type
Loan term

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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Listed at$289,900
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