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1602 E Minnesota Street

Indianapolis, IN 46203

– beds
– baths
– sqft
5,166 sqft lot
1920 build

4-unit property and 2-bedroom single family home all on 1 lot. Unit 4 is occupied. All 5 units were occupied, and each tenant was paying $1,000 per month. The 2-bedroom single family home has separate furnace and air-conditioner. The 4-unit building has 2 furnaces for the 4 units Owner pays for the gas, electric and water. Great investment opportunity.

Listing courtesy of MIBOR / Berkshire Hathaway Home

Last checked: Checking… • Last updated Apr 26, 2025 •

MLS# 22035110 —

The Building

Year Built:

1920
New Construction:

false
Construction Materials:

Aluminum Siding
Architectural Style:

Other, Ranch
Levels:

One
Roof:

Asphalt
Basement:

false
Foundation Details:

Crawl Space
Direction Faces:

South
Green Certification:

No
Building Information:

Other

Interior

Laundry Features:

No Laundry Facil.

Location

Directions:

GPS Friendly
Latitude:

39.745182
Longitude:

-86.13251

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Fourplex
Property Attached:

true
Parcel Number:

491018106052000101
Acres:

<1/4 Acre
Lot Features:

Corner Lot, Sidewalks
Lot Size Acres:

0.12
Lot Size SqFt:

5,166 Sqft
Price Per Acre:

1665833
Property Condition:

Fixer
Additional Parcels:

false
Structure Type:

Quadruplex
Waterfront:

false
Current Use:

Apt<20, Vacant
Possible Use:

Apt<20
Road Access:

See Remarks
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

Lot 40
Tax Year:

2024
Tax Exemptions:

None
Semi Annual Property Tax Amt:

1255

The Listing

Disclosures:

BankOwned

Heating & Cooling

Heating:

Forced Air, Natural Gas
Cooling:

None

Utilities

Building Utilities:

Sewer,Water
Solid Waste:

Yes

Schools

High School:

Arsenal Technical High School
High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Hubbard Etal Southeast Add

Parking

Parking:

On Street

Extra Units

# of Units Total:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/26/25 Apr 26, 2025	Listed / Active	MIBOR	$199,900	21.2% (5.9% / YR)
5/31/23 May 31, 2023	Relisted	MIBOR
4/17/23 Apr 17, 2023	Pending	MIBOR

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This multifamily located in South Side Indianapolis, Indianapolis, IN 46203 is currently for sale for $199,900. 1602 E Minnesota Street is a – square foot multifamily with – beds and – baths. 1602 E Minnesota Street is in the South Side Indianapolis neighborhood of Indianapolis and has a WalkScore® of 58, making it somewhat walkable. This multifamily is in the attendance area of Riverside High School, William Mckinley School 39, George Washington Community High School, Arsenal Technical High School, and Arlington Middle School.

Listing Courtesy of: MIBOR and Berkshire Hathaway Home.

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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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