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230 N Rural Street

Indianapolis, IN 46201
  • $269,999
  • STATUS: Active
  • ON SITE: 198 Days
  • MLS #: 22075034
Price Reduced
UPDATED: 40 min ago
$269,999
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Ideal for house hackers or investors seeking the rapidly revitalizing Near Eastside (46201). The property offers immediate income, as one unit is currently rented at $1,350! The property's vacant unit is move-in ready, allowing for easy showings, immediate occupancy, or quick tenant placement. Each spacious unit offers 3 bedrooms and 1 bathroom, currently renting at $1,350 per side with strong potential for increased rents through light cosmetic updates. Live in one unit and offset your mortgage with the already existing rental income, or place tenants in the vacant side immediately and start generating even more cash flow. 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. 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.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T21:25:39.45. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/170970170
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230 N Rural Street Indianapolis, IN 46201

  • Price: $269,999
  • Status: Active
  • On Site: 198 Days
  • Updated: 40 min ago
  • MLS #: 22075034
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1920
Built
Neighborhood:
Hubbard & Thornton
County:
Marion
Area:
4910 - Marion - Center
School District:
Indianapolis Public Schools
Property Description
Ideal for house hackers or investors seeking the rapidly revitalizing Near Eastside (46201). The property offers immediate income, as one unit is currently rented at $1,350! The property's vacant unit is move-in ready, allowing for easy showings, immediate occupancy, or quick tenant placement. Each spacious unit offers 3 bedrooms and 1 bathroom, currently renting at $1,350 per side with strong potential for increased rents through light cosmetic updates. Live in one unit and offset your mortgage with the already existing rental income, or place tenants in the vacant side immediately and start generating even more cash flow. 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. 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.
Exterior Features

Construction Materials Wood Siding Lot Information Other Road Access Not Applic Structure Type Duplex Unit Parking Other

Interior Features

Basement Interior Entry Basement YN Yes Heating Forced Air

Property Features

Acres <1/4 Acre Building Information Other Building Utilities Other Current Use Residential Dpr YN Yes Expenses 0 Laundry Other New Construction YN No Number Of Units Total 2 Possession Closing Property Attached YN Yes Property Sub Type Duplex Security Features Smoke Detector(s) Semi Annual Property Tax Amt 1910 Solid Waste No Tax Exemption Homestead Tax Exemption Tax Year 2024 Township Center Transaction Type Sale

Listing provided courtesy of Scott Estates: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-06-16T21:25:39.45. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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