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1808 E Washington Street

Indianapolis, IN 46201

PendingListed Apr 20, 2026 · 136 days on market

Key facts

Lot
0.08 acres
Year built
1890
Type
Residential Income · Duplex
Stories
Two
MLS #
22091469
County
Marion
Subdivision
Willard Place

About this home

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.

Description provided by the listing brokerage.

Interior

Basement
Unfinished
Security
Smoke Detector(s)
Condition
Fixer

Exterior

Exterior features
Lighting
Roof
Shingle
Construction
Wood SidingBrick
Style
Colonial
Parking and garage
On Street
Fencing
Partial

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air

Lot and HOA

Lot features
City LotStorm SewerStreet Lights

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,640 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,516per month, estimated
Principal and interest $1,134Property tax $303Insurance $79
20% · $45,000
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$225,000
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