513 E 31st Street, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
513 E 31st Street,Indianapolis, IN 46205
$294,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rosie berzenye
Office: t&h realty services, inc.
MLS#:22105658
Source:IN_MIBOR

Price summary

  • Price:$294,900

About this home

Excellent duplex investment opportunity in the rapidly revitalizing Meridian Park/Boulevard Square area, surrounded by numerous renovated homes and ongoing redevelopment. Each side features 3 spacious bedrooms, 1 full bath with a tub/shower combination, durable LVP flooring throughout, and a full basement for additional storage. Both units offer a covered front porch, generous living room, separate dining area, full kitchen with ample cabinetry and counter space, and a rear deck. The functional floor plans and strong rental demand make this an attractive addition to any investment portfolio. Conveniently located with easy access to Fall Creek Parkway, providing quick commutes to Downtown Indianapolis and the Northside. Public transportation is just steps away, including IndyGo bus service and the Red Line. Unit 515 is currently vacant and requires only minor cosmetic touches to be rent-ready, presenting an immediate value-add opportunity. Unit 513 is tenant-occupied at $1,050 per...

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Home facts

  • Year built:1910
  • Listing ID #:22105658
  • Added:2 day(s) ago
  • Updated:June 19, 2026 at 12:28 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Cooling:Central Electric, Separate Meters
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1910
  • Lot area:0.07 Acres
  • Lot Features:Busline, Curbs, Sidewalks
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Block, Full

Utilities

  • Water:Water
  • Sewer:Separate Sewer Meter

Finances and disclosures

  • Price:$294,900

Features and amenities

  • Amenities:Storage
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