$949,500
3 Beds
3 Baths
2012 E Washington St, Indianapolis, IN 46201
Est. Mortgage $5,706/mo*
Get Pre-QualifiedHome Highlights
Listed
14 days ago
Local Information
- Map ViewExplore the area around 2012 E Washington St.
- Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
Eight units, all one bed one bath, fully leased and producing $9,170 a month from the closing table. No lease-up, no turn, no waiting. Rents run $1,130 to $1,175 and a quarter of the building already sits at the $1,175 market target, so the in-place number is real and it is supported. Every unit was renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so a turnover is not a rekey project. Seventeen months of seller actuals put operating expenses near $35,300 a year including taxes, insurance, maintenance, trash, pest and internet, which puts net operating income around $74,700 before debt on day one. Shared rear parking gives every tenant a space. Roof, electrical, plumbing and HVAC were all inspected at acquisition and the reports are available. East Washington is drawing real neighborhood investment right now, with quick access to downtown, Fountain Square and Irvington. This is the stabilized half of the block, full, professionally managed, and built to be bought for the income and held. The identical eight-unit next door at 2008 E Washington is also for sale, and the two can be bought together as a 16-unit package. Rent roll, profit and loss, and the full deal package are ready for qualified buyers. Sold as-is.
Last check for updates: about 4 hours ago
Listing Provided by: Max Moore
@properties
Source: MIBOR as distributed by MLS GRID, MLS#22119986
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 2012 E Washington St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Frontage Road Frontage: Access Rd |
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Cumulative Days on Market: 6Days on Market: 14 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, Quadruplex |
Building Not a New Construction |
Property Information Usage of Home: Comm Mul TenParcel Number: 491006159076000101 |
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Price List Price: $949,500 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: State Plaza |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22119986 |
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Lot Area: 5227.2 sqft |
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Special Conditions: As Is |
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Mls Number: 22119986 |
Around this home
- Anna Brochhausen School 88
- PK-5
- Public
- 326 Students
3/10GreatSchools RatingParent Rating AverageThe parent community is very involved at this school and the teachers are top notch! Staff are welcoming and try to match new students with the best classroom for their personality.Principal Review2y ago - Brookside School 54
- PK-5
- Public
- 366 Students
3/10GreatSchools RatingParent Rating AverageThis school is the worst school I've let my children go to they allow bullying, and fighting, and they are allowed to flip desks, throw stuff, Etc.Also, the teachers in this school are very disrespectful to students, my son came to me saying that his teacher yelled at him for not doing his work because someone broke his pencil, he told me he tried to explain to the teacher but she wouldn't let him explain. You also can't learn at this school the kids are way too loud and you can't hear the teacher. There ain't no way my 2 honor roll kids' grades went down that much over 6 months. In my solid opinion, they learn better in 2020 when online school was in effect. So, you won't see me or my kids here next year.Parent Review3y ago - Eliza A. Blaker School 55
- PK-5
- Public
- 301 Students
5/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Thomas D. Gregg School 15
- PK-5
- Public
- 525 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Arlington Woods School 99
- PK-6
- Public
- 361 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - James Russell Lowell School 51
- PK-5
- Public
- 363 Students
3/10GreatSchools RatingParent Rating AverageThey genuinely do not teach anything here you are expected to learn yourselfOther Review3mo ago - Center for Inquiry School 27
- PK-5
- Public
- 348 Students
4/10GreatSchools RatingParent Rating AverageThis school was amazing the teachers were so nice and kind and they cared about there feelings. I had amazing teachers and friends.Other Review1y ago
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Near Eastside
At least 260 Trulia users voted on each feature.
89 % Say there are sidewalks
86 % Say yards are well-kept
77 % Say parking is easy
76 % Say it's dog friendly
74 % Say car is needed
72 % Say kids play outside
65 % Say there's holiday spirit
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
50 % Say it's walkable to grocery stores
48 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
40 % Say streets are well-lit
38 % Say there are community events
35 % Say it's quiet
29 % Say people would walk alone at night
Sourced by Trulia users. Learn more about our methodology.
Market trends in Near Eastside
Last updated July 2026
Avg. sale price
$208K
$30.7KMoM
Sale-to-List Price
99.4%
1.1%MoM
Price per sq ft
$105
$6MoM
Available listings
283
11MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Multi-Family Home | $700,000 | 08/25/26 | 2 | 3 | - | |
0.31 | Multi-Family Home | $475,000 | 07/22/26 | 3 | 2 | - | |
0.29 | Multi-Family Home | $321,050 | 06/10/26 | 4 | 3 | - | |
0.29 | Multi-Family Home | $226,000 | 03/02/26 | 3 | 3 | - | |
0.28 | Multi-Family Home | $283,000 | 06/23/26 | 3 | 2 | - | |
0.22 | Multi-Family Home | $375,000 | 07/24/26 | 2 | 2 | - | |
0.27 | Multi-Family Home | $260,000 | 03/31/26 | 3 | 2 | - | |
0.24 | Multi-Family Home | $385,000 | 08/18/26 | 2 | 2 | - | |
0.06 | Multi-Family Home | $357,000 | 04/27/26 | 8 | 4 | - | |
0.19 | Multi-Family Home | $450,000 | 01/21/26 | 4 | 3 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $949,500 | 4 | 4 | - | For Sale | |
0.00 | $1,899,000 | 6 | 6 | - | For Sale | |
0.03 | $306,200 | 7 | 4 | - | Off Market | |
0.04 | $257,400 | 4 | 3 | - | Off Market | |
0.04 | $225,000 | 1 | 1 | - | Recently Sold | |
0.03 | $299,000 | 4 | 2 | 2,521 | For Sale | |
0.04 | $330,000 | 5 | 4 | - | For Sale | |
0.05 | $242,000 | 3 | 2.5 | 1,505 | Recently Sold | |
0.05 | $299,100 | 4 | 3 | 2,683 | Off Market | |
0.06 | $119,100 | 2 | 1 | 1,979 | Off Market | |
0.05 | $148,900 | 4 | 1 | 2,419 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2026 Source: MIBOR as distributed by MLS GRID #22119986 | Listed For Sale | $949,500 |
Sep 12, 2024 Source: N/A | Sold | $840,000 |
Nov 4, 2022 Source: MIBOR as distributed by MLS GRID #21838478 | ListingRemoved | |
Apr 18, 2022 Source: MIBOR as distributed by MLS GRID #21838478 | PendingToActive | $599,900 |
Mar 17, 2022 Source: MIBOR as distributed by MLS GRID #21838478 | Pending | $599,900 |
Mar 14, 2022 Source: MIBOR as distributed by MLS GRID #21838478 | PendingToActive | $599,900 |
Mar 1, 2022 Source: MIBOR as distributed by MLS GRID #21838478 | Pending | $599,900 |
Feb 17, 2022 Source: MIBOR as distributed by MLS GRID #21838478 | Listed For Sale | $599,900 |
Aug 26, 2015 Source: N/A | Sold | $65,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,904 | $204,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Max Moore, @properties
Based on information submitted to the MLS GRID as of 2026-08-29 05:08:22 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 2012 E Washington St
- What is the estimated monthly payment for 2012 E Washington St?Based on a $949,500 list price with 20% down at today's rates, the estimated monthly payment for 2012 E Washington St in Indianapolis, IN is approximately $5,842 (about $5,007 principal & interest, $760 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2012 E Washington St compare to homes in Indianapolis?2012 E Washington St in Indianapolis, IN is listed at $949,500, about 356% above the $208K median sale price in Indianapolis.
- What do residents say about the Near Eastside neighborhood?Residents describe the Near Eastside neighborhood in Indianapolis, IN as pedestrian-friendly, well-kept, and easy to park in. See homes for sale in Near Eastside, Indianapolis.
- What are the closest schools to 2012 E Washington St?The closest schools to 2012 E Washington St in Indianapolis, IN are Anna Brochhausen School 88 (Pre-K/Elementary, rated 3/10), Arlington Community Middle School (rated 2/10), Arlington Woods School 99 (Pre-K/Elementary, rated 4/10).
2012 E Washington St, Indianapolis, IN 46201 is a 3 bedroom, 3 bathroom multi-family built in 1910. 2012 E Washington St is located in Near Eastside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 14, 2026. The MLS # for this home is MLS# 22119986.