REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Fantasia Robinson • Scott Estates
$ 289,999
Est. payment /mo
Active
230 N Rural ST Indianapolis, IN 46201
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hubbard & Thornton
MLS Listing ID 22075034
Year Built 1920
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
Turnkey, vacant duplex in the rapidly revitalizing Near Eastside (46201) - ideal for house hackers or investors. Each spacious unit offers 2 bedrooms and 1 bathroom, currently renting at $1,300 per side with strong potential for increased rents through light cosmetic updates. Live in one unit and offset your mortgage with rental income, or place tenants immediately and start generating cash flow. The property is vacant and move-in ready, allowing for easy showings, immediate occupancy, or quick tenant placement. Separate living spaces provide flexibility for owner-occupants, FHA buyers, or long-term investors. Located minutes from downtown Indianapolis, Bottleworks District, Mass Ave, and major redevelopment projects, this property sits in a high-demand rental corridor with continued neighborhood growth. Clean condition with solid bones - updates could unlock market rents of $1,350-$1,450+ per unit. Seller offering incentives (see agent for details). Whether you're looking to build wealth through house hacking or add a solid duplex to your portfolio, this is an opportunity you don't want to miss.
Location
State IN
County Marion
Rooms
Basement Interior Entry
Interior
Heating Forced Air
Fireplace N
Building
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.