Skip main navigation
Sold
  • $207,000

    1846 Lambert St, Indianapolis, IN 46221

    3beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $207,000 Zestimate®
    $--/sqft
    $978 Estimated rent

    Home value

    $207,000

    $197,000 - $217,000

    $978/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $978/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $978/mo

    Rent Zestimate®

    Refinance and save

    $1,351/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,351/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Spacious unitsUpdated living spacesFunctional layout
    Turnkey Income-Producing Duplex Investment Opportunity in Indianapolis! Currently producing approximately $34,800 a year. Don't miss your chance to own this fully occupied, income-producing duplex at 1846 W Lambert Street. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an excellent addition to any investment portfolio. Both units are currently leased for $1,450 per month, providing immediate and consistent rental income. Each unit features a functional layout with two bedrooms and a full bathroom on the main level, while the private upstairs primary suite includes its own full bathroom. Recently remodeled on the interior, the property offers updated living spaces that appeal to tenants while helping minimize future maintenance concerns. Whether you're a seasoned investor looking to expand your portfolio or searching for a turnkey rental property, this duplex checks all the boxes. With strong rental income, modern updates, and full occupancy already in place, this is a turnkey investment opportunity you won't want to miss. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Corina Jones 317-281-7996,

    Your Home Team,

    Seth Ragon,

    Your Home Team

    Bought with:

    Peter Stewart

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22107086MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Main level bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Connections All, Main Level
    Features
    • Basement: Partial

    Property

    Parking
    • Parking features: Alley Access, Gravel
    • Details: Unit Parking(On Street, Unpaved)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,356 Square Feet
    • Features: City Lot, Sidewalks
    Details
    • Parcel number: 491115133009000101
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1900

    Community & HOA

    Community
    • Subdivision: Tweeds Oxford Park
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $83,100
    • Annual tax amount: $1,953
    • Date on market: 6/23/2026
    • Cumulative days on market: 8 days
    • Tenant pays: Electricity, Gas, Insurance

    Price history

    DateEventPrice
    8/19/2026Sold$207,000-10%
    Source: MIBOR as distributed by MLS GRID #22107086 Report a problem
    7/1/2026Pending sale$229,900
    Source: MIBOR as distributed by MLS GRID #22107086 Report a problem
    6/23/2026Listed for sale$229,900+109%
    Source: MIBOR as distributed by MLS GRID #22107086 Report a problem
    2/27/2026Sold$110,000-12%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    1/22/2026Pending sale$125,000
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    12/29/2025Price change$125,000-3.8%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    12/20/2025Listed for sale$130,000-3.7%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    11/14/2025Listing removed$135,000
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    11/4/2025Price change$135,000-6.9%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    10/30/2025Price change$145,000-6.5%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    10/23/2025Listed for sale$155,000
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    10/21/2025Pending sale$155,000-6.1%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    10/16/2025Price change$165,000-5.7%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    10/15/2025Listed for sale$175,000+600%
    Source: MIBOR as distributed by MLS GRID #22068311 Report a problem
    2/21/2019Listing removed$525
    Source: FWE Property Management Report a problem
    12/24/2018Listed for rent$525
    Source: FWE Property Management Report a problem
    8/7/2016Listing removed$525-4.5%
    Source: FWE Property Management Report a problem
    1/29/2015Listing removed$550
    Source: Postlets Report a problem
    11/25/2014Price change$550-7.6%
    Source: Postlets Report a problem
    9/23/2014Listed for rent$595-4.8%
    Source: Postlets Report a problem
    12/4/2013Listing removed$625
    Source: ClassifiedFlyerAds.com Report a problem
    9/18/2013Listed for rent$625
    Source: ClassifiedFlyerAds.com Report a problem
    4/20/2012Sold$25,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,763 +17.1%$83,100 +11.8%
    2024$1,506 -2.3%$74,300 +17%
    2023$1,542 +42.5%$63,500 -2.8%
    2022$1,082 +28%$65,300 +39.2%
    2021$845 +2.6%$46,900 +28.5%
    2020$824 +2.6%$36,500 +4.6%
    2019$803 -17%$34,900 +3.6%
    2018$967 +89.5%$33,700 +61.2%
    2017$510 +18.8%$20,900 +4%
    2016$429 +5.1%$20,100 +6.3%
    2014$409 -33.3%$18,900 -32.7%
    2013$612 $28,100 +2.9%
    2012$612 $27,300 +14.2%
    2011-- $23,900 -2%
    2010$512 -2.3%$24,400
    2009$524 $24,400 -20.8%
    2007-- $30,800
    Find assessor info on the county website

    Neighborhood: West Indianapolis

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $207,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $207,000