1859 N Pennsylvania Street, Indianapolis, IN, 46202

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$629,900
4 Days On Site

1859 N Pennsylvania Street
Indianapolis, IN 46202

For Sale|Triplex|Active
0
Beds
0
Total Baths
1895
Built
Subdivision:
Eliz Talbotts
County:
Marion
Listing courtesy of No Limit Real Estate, LLC (317) 440-2149
Call Now: 317-864-4460
Is this the listing for you? We can help make it yours.
317-864-4460
1859 N Pennsylvania Street1859 N Pennsylvania Street1859 N Pennsylvania Street1859 N Pennsylvania Street
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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 laundry and tenant-paid gas, electric and water. The upper-unit electric is separately metered but is included under the current lease and may be shifted to the tenant at renewal. Seller is willing to consider a contribution toward future exterior painting with an acceptable offer. An exceptional opportunity for an investor seeking an occupied three-unit property with established income, larger units, architectural character and substantial improvements already completed.

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Listing Snapshot
Price 
$629,900
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1895
MLS® Number 
22130121
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.11
Foundation 
Brick/Mortar
Levels 
Two
Parking 
On Street
Property Condition 
Updated/Remodeled
Property Sub Type 
Triplex
Security 
Fire AlarmSmoke Detector(s)
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Corner Lot
Community Features
MLS Area 
4910 - Marion - Center
School District 
Indianapolis Public Schools
Township 
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of No Limit Real Estate, LLC (317) 440-2149



Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2026-10-12 02:44 AM UTC. 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.

Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
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Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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