230 N Rural Street, Indianapolis, IN 46201

$269,999

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List Price
$269,999
Price Change
▼ $10,000 1781408147
MLS#
22075034
Days on Market
243
Status
ACTIVE

Property Description

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.

Additional Information

Basement
Interior Entry
Acres
0.11
Heat
Forced Air
Region
Center

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Scott Estates.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative