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1702 E 46th Street, 
Indianapolis, IN 46205

$219,900

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Charlene Gaard

, 

Robert Gaard

No Limit Real Estate, LLC.

317-440-2149

Last updated:

September 25, 2026, 03:16 PM

MLS#

22126506

Source:

IN MIBOR | Licensed in Indiana

About This Home

1702 E 46th Street

INVESTOR OPPORTUNITY - OCCUPIED DUPLEX WITH TENANTS RESPONSIBLE FOR ALL UTILITIES! Add two income-producing units to your portfolio with this well-located Indianapolis duplex. The 2BR/1BA unit is currently rented for $950/month with a lease through March 2027, while the 1BR/1BA unit rents for $625/month on a month-to-month basis, providing $1,575/month or $18,900 annually in current base rental income. Tenants are responsible for gas and electric and reimburse the owner for water/sewer, helping keep utility costs with the occupants rather than the investor. Owner provides stoves and refrigerators. Furnaces are approximately 7-8 years old. The property also includes a basement and offers an appealing combination of established income and future flexibility, with one unit currently month-to-month. Priced at $219,900, this could be an excellent addition to an existing rental portfolio or an opportunity for a 1031 exchange buyer. Property sold as-is. Buyer to verify rents, lease terms, tenant utility reimbursements, expenses, measurements and all information important to buyer.

Home Facts

Multi-Family

Built in 1940

Subdivision & Development:

Bellaire

Price Summary

219,900

MLS #:

22126506

Last Updated:

September 25, 2026, 03:16 PM

Added:

8 day(s) ago

Structure

Structure

Year Built:

1940

Lot

Lot Size (Sq. Ft):

6,098

Finances & Disclosures

Finances

Price:

$219,900

Source:IN MIBOR | Licensed in Indiana
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.