223 W 31st Street, Indianapolis, IN 46208

Local realty services provided by:Schuler Bauer Real Estate ERA Powered
223 W 31st Street,Indianapolis, IN 46208
$119,999
  • 3 Beds
  • 3 Baths
  • 1,816 sq. ft.
  • Single family
  • Pending
Listed by: patrick mcneill
Office: ask pat about real estate
MLS#:22066702
Source:IN_MIBOR

Price summary

  • Price:$119,999
  • Price per sq. ft.:$55.53

About this home

Charming and well-maintained property located in the heart of Indianapolis! This home is currently tenant-occupied, generating $1,000/month in rent - with plenty of upside potential as current rents are below market value for the area. Whether you're an investor seeking steady cash flow or a homeowner looking for your next project, this property offers exceptional flexibility and opportunity. Inside, you'll find a comfortable layout with inviting living spaces, ample natural light, and classic character throughout. The home has a two car garage and off-street parking, and easy access to nearby amenities. Located just minutes from Downtown Indianapolis, Ivy Tech, the Children's Museum, and major highways, this property is in a rapidly developing area with strong rental demand and rising property values. Highlights: Current rent: $1,000/month (well below market) Tenant in place - start earning income immediately Great starter home, rental, or flip opportunity

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Home facts

  • Year built:1920
  • Listing ID #:22066702
  • Added:130 day(s) ago
  • Updated:February 17, 2026 at 08:28 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:1,816 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air, Propane

Structure and exterior

  • Year built:1920
  • Building area:1,816 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$119,999
  • Price per sq. ft.:$55.53
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