Excellent investment opportunity! Long term tenants. Both tenants are month to month. Rents are below market rate. 1802 is Section 8. Tenant in 1802 owns the refrigerator.
This is a fantastic location, close to Community Hospital East, restaurants and retail. Easy care stone and brick exterior! The 1802 side has been totally rehabbed, the E 18th side has been rented to the same tenants for years but definitely has some nice tile/updates. Rents are $645 (Section 8) and $645, but upon move-out, could potentially be raised. The tenants pay ALL utilities. Each side has a private front porch, unusual in most duplexes. The units are identical. Seller has never lived in the property.
MIBOR as Distributed by MLS Grid #21542152
Feb 21, 2018
Sold
$87,000
$52/sq ft
Feb 2, 2018
Pending
—
Jan 25, 2018
Listed
$87,000
$52/sq ft
+5
Great investment with good cash flow in this brick and stone double or want help with mtg. payments live one side rent the other. Newer vinyl windows, storm doors, hardwood floors. Same floor plan for both sides. 1802 side just updated with new kitchen, bath, paint and more.
MIBOR as Distributed by MLS Grid #2761140
Apr 14, 2008
Listing Removed
—
Sep 19, 2007
Listed
$99,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,725 (+22.6%)
$9,400 + $185,500
$194,900
2024
$3,855 (+0.8%)
$9,400 + $147,100
$156,500
2023
$3,822 (+39.5%)
$9,400 + $147,100
$156,500
2022
$2,741 (+2.3%)
$9,400 + $145,900
$155,300
2021
$2,679 (+1.5%)
$9,400 + $100,900
$110,300
2020
$2,640 (+20.8%)
$9,400 + $100,900
$110,300
2019
$2,186 (+5.0%)
$9,400 + $98,900
$108,300
2018
$2,081 (+21.3%)
$9,400 + $77,700
$87,100
2017
$1,715 (+7.1%)
$9,400 + $65,700
$75,100
2016
$1,602 (+3.8%)
$9,400 + $65,700
$75,100
2015
$1,544 (+3.3%)
$9,400 + $62,000
$71,400
2014
$1,495 (+5.4%)
$9,400 + $61,000
$70,400
2013
$1,419
$9,400 + $60,000
$69,400
Public record
Public record
Zoning
Permits
Beds
2
Baths
—
Stories
1
Lot width
80 ft.
Lot depth
134 ft.
Lot size
10,716 Sq. Ft.
Year renovated
1984
Sq. Ft.
836
Year built
1968
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490734101081000701
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 31, 2026.
D5
COMPACT
AIRSPACE SECONDARY ZONING DISTRICT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Compact Context Area
Airspace Secondary Zoning District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Jul 22, 2017 • Final
Electrical - 1-2 family
Replace a damaged two-gang meter base and riser.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Unit Parking: Unpaved
Parking Features: Gravel
Interior
Laundry Room Information
Laundry Features: Laundry Closet
Multi-Family Financial Information
Owner Pays: Ins Hazard, Insurance
Gross Income: 15960
Expenses: 1400
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 120
Levels: 1
Rent: 665
Rent Frequency: Monthly
Unit Type: 2 Bedroom
Exterior
Exterior Features
Roof: Asphalt
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Land Information
Current Use: Residential
Acres: 1/4-1/2 Acre
Lot Information
Lot Size Acres: 0.25
Road Access: Not Applic
Utilities
Utility Information
Solid Waste Information: Yes
Building Utilities: Separate Gas Meter
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Arlington Hts 2nd Sec Pt L43 Beg Sw Core 133.5Ft N 80Ft W 133.5Ft S 80Ftto Beg
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 2
Baths: —
Sq. Ft.: 836
Stories: 1.0
Lot Size: 10,716 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 1984
County: Marion County
APN: 490734101081000701
Home facts updated by county records on Jul 31, 2026
Other
Home Information
Foundation Details: Block
Levels: One
Around this home
Schools
Anna Brochhausen School 88
Public PreK-5 • Assigned • 0.3mi
3/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 2.8mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46218
Average low and high temperatures (°F)
32
18
42
26
60
40
68
48
72
54
83
66
87
71
82
65
82
60
71
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$198,000 – $240,000
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