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1859 N Pennsylvania Street, Indianapolis, IN 46202

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
1859 N Pennsylvania Street,Indianapolis, IN 46202
$599,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:22130121
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$599,900

About this home

Not your typical triplex. This impressive DUPLEX PLUS SEPARATE CARRIAGE HOUSE offers the combination investors rarely find: character, scale, strong current income and significant recent improvements-all three residences already leased into spring 2027. The main building is filled with architectural details that set it apart, including beautiful original woodwork, hardwood floors, substantial room sizes, distinctive staircase and decorative fireplaces. The property includes an approximately 1,730 SF 3BR/1BA upper residence leased at $1,825/month, an approximately 1,450 SF 2BR/1BA lower residence leased at $1,680/month, and a separate approximately 1,100 SF 3BR/1.5BA carriage house leased at $1,600/month. Current scheduled rent totals $5,105 per month/$61,260 annually. Major recent improvements include new high-efficiency HVAC systems and water heaters for both duplex units in 2026 and foundation tuckpointing in 2025. The carriage house offers additional independence with its own...

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Home facts

  • Year built:1895
  • Subdivision & Development:Eliz Talbotts
  • Listing ID #:22130121
  • Added:16 day(s) ago
  • Updated:October 24, 2026 at 03:03 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Structure and exterior

  • Year built:1895
  • Lot area:0.11 Acres
  • Lot Features:Corner Lot, Sidewalks
  • Construction Materials:Wood Siding

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$599,900
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