230 N Rural Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
230 N Rural Street,Indianapolis, IN 46201
$269,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: fantasia robinson
Office: scott estates
MLS#:22075034
Source:IN_MIBOR

Price summary

  • Price:$269,999

About this home

Cash-Flow Opportunity in Indianapolis' Thriving Near Eastside! Whether you're looking to house hack, invest, or grow your rental portfolio, this income-producing duplex is packed with potential. One unit is already leased at $1,350/month, providing immediate cash flow, while the vacant unit is move-in ready for an owner-occupant or new tenant. Each spacious unit features 3 bedrooms and 1 bathroom, with current rents at $1,350 per side and room for growth through simple cosmetic updates. Live in one unit while your tenant helps cover the mortgage, or rent both sides and maximize returns from day one. Located just minutes from downtown Indianapolis, Mass Ave, Bottleworks District, and ongoing redevelopment projects, this property sits in one of the city's fastest-growing rental markets. With solid fundamentals, strong rental demand, and upside potential, this duplex is an excellent opportunity for both new and seasoned investors.

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Home facts

  • Year built:1920
  • Subdivision & Development:Hubbard & Thornton
  • Listing ID #:22075034
  • Added:252 day(s) ago
  • Updated:August 09, 2026 at 03:02 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1920
  • Lot area:0.11 Acres
  • Construction Materials:Wood Siding

Finances and disclosures

  • Price:$269,999
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