Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the property as a traditional income-producing duplex. Whether you're looking to take your first step into real estate investing or expand an existing portfolio, this property offers a flexible opportunity to build equity and generate rental income on Indy's near southeast side.
Active
$149,900
1849 E Minnesota St, Indianapolis, IN 46203
1beds
1baths
--sqft
Multi Family, Duplex
Built in 1926
-- sqft lot
$142,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 24 days
- 263
- 26
Zillow last checked:
Listing updated:
Listed by:
Kyle Hoffman 317-506-9002,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22119112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Has basement: Yes
Property
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 491018157105000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1926
Community & HOA
Community
- Subdivision: Factory Place
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $70,000
- Annual tax amount: $1,768
- Date on market: 8/8/2026
- Cumulative days on market: 26 days
Estimated market value
$142,000
$135,000 - $149,000
$842/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2026 | Listed for sale | $149,900-3.3% |
Source:  MIBOR as distributed by MLS GRID #22119112 Report a problem | ||
| 10/2/2025 | Listing removed | $155,000 |
Source: MIBOR as distributed by MLS GRID #22044561 Report a problem | ||
| 7/17/2025 | Price change | $155,000-6.1% |
Source: MIBOR as distributed by MLS GRID #22044561 Report a problem | ||
| 6/13/2025 | Listed for sale | $165,000+94.3% |
Source: MIBOR as distributed by MLS GRID #22044561 Report a problem | ||
| 1/30/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/3/2024 | Listed for rent | $700+16.7% |
Source: Zillow Rentals Report a problem | ||
| 12/28/2021 | Sold | $84,900 |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 11/23/2021 | Pending sale | $84,900 |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 11/19/2021 | Listed for sale | $84,900 |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 8/26/2021 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 7/31/2021 | Listed for sale | $84,900 |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 7/16/2021 | Pending sale | $84,900 |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 7/13/2021 | Price change | $84,900-5.6% |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 6/22/2021 | Listed for sale | $89,900+63.5% |
Source: MIBOR as distributed by MLS GRID #21794597 Report a problem | ||
| 5/18/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/27/2021 | Price change | $600-7.7% |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/17/2021 | Listed for rent | $650 |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/12/2021 | Listing removed | -- |
Source:  MIBOR as distributed by MLS GRID Report a problem | ||
| 12/10/2020 | Listed for rent | $650+30% |
Source: PMI Midwest #21756640 Report a problem | ||
| 10/2/2020 | Sold | $55,000-15.3% |
Source: MIBOR as distributed by MLS GRID #21736385 Report a problem | ||
| 9/3/2020 | Pending sale | $64,900 |
Source: MIBOR REALTOR Association #21736385 Report a problem | ||
| 9/1/2020 | Listed for sale | $64,900+75.4% |
Source: MIBOR REALTOR Association #21736385 Report a problem | ||
| 8/17/2019 | Listing removed | $500 |
Source: CityPlace Property Management Report a problem | ||
| 8/14/2019 | Price change | $500-9.1% |
Source: CityPlace Property Management Report a problem | ||
| 7/20/2019 | Listed for rent | $550 |
Source: CityPlace Property Management Report a problem | ||
| 3/16/2019 | Listing removed | $550 |
Source: CityPlace Property Management Report a problem | ||
| 9/6/2018 | Sold | $37,000+27.6% |
Source: MIBOR as distributed by MLS GRID #21565935 Report a problem | ||
| 8/15/2016 | Sold | $29,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,685 +11.3% | $70,000 -1.4% |
| 2024 | $1,513 -13.6% | $71,000 +11.3% |
| 2023 | $1,752 +68.8% | $63,800 -14% |
| 2022 | $1,038 +5.7% | $74,200 +64.9% |
| 2021 | $982 -0.7% | $45,000 +6.1% |
| 2020 | $989 -68.6% | $42,400 +1.2% |
| 2019 | $3,151 +196.9% | $41,900 +6.1% |
| 2018 | $1,061 -34.3% | $39,500 +7% |
| 2017 | $1,615 +314.2% | $36,900 +97.3% |
| 2016 | $390 +9.3% | $18,700 +13.3% |
| 2014 | $357 -24.4% | $16,500 |
| 2013 | $472 | $16,500 -44.4% |
| 2012 | $472 | $29,700 +42.8% |
| 2011 | -- | $20,800 |
| 2010 | $437 -29% | $20,800 -27.5% |
| 2009 | $616 | $28,700 +41.4% |
| 2007 | -- | $20,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Southeast
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