1920 E Washington St Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $2,437/month
About This Home
Fantastic investment opportunity in the heart of downtown Indianapolis! This fully updated triplex at 1920 E. Washington Street offers immediate cash flow with additional upside potential. The property features a spacious 3-bedroom, 1.5-bath unit currently rented for $1,500 per month, an upstairs 1-bedroom, 1-bath unit leased for $925 per month, and a studio unit at 1922 that is currently vacant and rental-ready, providing an opportunity for increased income. Each unit has been refreshed with updated bathrooms, new flooring, and fresh paint, making this a low-maintenance addition to any portfolio. Tenants will appreciate the convenient downtown location with easy access to restaurants, entertainment, and employment centers. With strong existing rents, a vacant unit ready for occupancy, and room for future rent increases, this property presents an excellent opportunity for investors seeking both current income and long-term appreciation. Whether you're expanding your portfolio or looking for a turnkey multifamily investment, this Indianapolis triplex is one you won't want to miss.
Listing Agent
Trueblood Real Estate Brokerage Email: cgreenwood@truebloodre.com License #RB19001335 Listed on: 06/18/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,556
Year Built
- Built in 1915
Home Design
- Triplex
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- 2-Story Property
- 3,824 Sq Ft Lot
- Basement
Community Details
- 110 E Washington Subdivision
Listing and Financial Details
- Tax Lot https://hotplatemedia.aryeo.com/sites/1922-e-washington-st-indianapolis-in-46201-25823952/branded
- Assessor Parcel Number 491006159107000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,973 | $247,500 | $5,300 | $242,200 |
| 2024 | $4,104 | $276,300 | $5,300 | $271,000 |
| 2023 | $4,104 | $166,600 | $2,700 | $163,900 |
| 2022 | $3,231 | $130,500 | $2,700 | $127,800 |
| 2021 | $2,822 | $115,900 | $2,400 | $113,500 |
| 2020 | $1,397 | $54,000 | $2,400 | $51,600 |
| 2019 | $1,365 | $51,700 | $2,400 | $49,300 |
| 2018 | $1,374 | $51,700 | $2,400 | $49,300 |
| 2017 | $1,196 | $49,700 | $2,400 | $47,300 |
| 2016 | $1,116 | $47,000 | $2,400 | $44,600 |
| 2014 | $1,010 | $46,700 | $2,400 | $44,300 |
| 2013 | $971 | $46,700 | $2,400 | $44,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | Price Changed | $350,000 | -2.8% | -- | |
| 06/18/2026 06/18/26 | For Sale | $360,000 | +34.6% | -- | |
| 03/14/2025 03/14/25 | Sold | $267,500 | -12.3% | -- | View Prior Sale |
| 01/06/2025 01/06/25 | Pending | -- | -- | -- | |
| 12/10/2024 12/10/24 | Price Changed | $305,000 | -4.4% | -- | |
| 12/08/2024 12/08/24 | For Sale | $319,000 | 0.0% | -- | |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- | |
| 10/16/2024 10/16/24 | Price Changed | $319,000 | -3.0% | -- | |
| 10/04/2024 10/04/24 | For Sale | $329,000 | +50.2% | -- | |
| 06/12/2020 06/12/20 | Sold | $219,000 | 0.0% | $84 / Sq Ft | View Prior Sale |
| 06/12/2020 06/12/20 | Sold | $219,000 | -8.4% | -- | View Prior Sale |
| 04/30/2020 04/30/20 | Pending | -- | -- | -- | |
| 04/30/2020 04/30/20 | Price Changed | $239,000 | 0.0% | $92 / Sq Ft | |
| 04/30/2020 04/30/20 | Pending | -- | -- | -- | |
| 04/30/2020 04/30/20 | Price Changed | $239,000 | -2.4% | -- | |
| 03/26/2020 03/26/20 | Price Changed | $245,000 | 0.0% | $95 / Sq Ft | |
| 03/26/2020 03/26/20 | Price Changed | $245,000 | -3.9% | -- | |
| 10/19/2019 10/19/19 | For Sale | $255,000 | 0.0% | -- | |
| 10/19/2019 10/19/19 | For Sale | $255,000 | +16.4% | $98 / Sq Ft | |
| 08/14/2019 08/14/19 | Off Market | $219,000 | -- | -- | |
| 08/14/2019 08/14/19 | Pending | -- | -- | -- | |
| 07/15/2019 07/15/19 | For Sale | $255,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Enterprise Title | |
| Warranty Deed | -- | Investors Title | |
| Deed | $219,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $200,625 | New Conventional | |
| Closed | $5,000,000 | New Conventional | |
| Closed | $224,250 | New Conventional | |
| Closed | $164,250 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22107400
APN: 49-10-06-159-107.000-101
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