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  • $289,999

    230 N Rural St, Indianapolis, IN 46201

    6beds
    2baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious unitSeparate living spaces
    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.
    41 days
    |
    230
    |
    19
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 09, 2026 at 04:53am

    Listing Provided by:

    Fantasia Robinson 317-719-0334,

    Scott Estates

    Source: MIBOR as distributed by MLS GRID,MLS#: 22075034MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: Other
    Features
    • Basement: Interior Entry

    Property

    Parking
    • Details: Unit Parking(Other)
    Lot
    • Size: 4,791.6 Square Feet
    • Features: Other
    Details
    • Parcel number: 491005222002000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    Condition
    • New construction: No
    • Year built: 1920

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Hubbard & Thornton
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $318,800
    • Annual tax amount: $3,820
    • Date on market: 11/29/2025
    • Cumulative days on market: 43 days
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/29/2025Listed for sale$289,999+15.1%
    Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
    8/1/2022Sold$252,000+620%
    Source: Public Record Report a problem
    1/31/2020Listing removed$750
    Source: Green Light Property Management Indiana Report a problem
    1/24/2020Listed for rent$750
    Source: Green Light Property Management Indiana Report a problem
    4/17/2019Sold$35,000+133.3%
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,447 +4.8%$318,800 +9.7%
    2023$3,288 -30.1%$290,600 +5.7%
    2022$4,701 -5.1%$274,900 +34.9%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,737/mo
    Principal & interest
    $1404
    Property taxes
    $232
    Home insurance
    $101

      Climate risks

      Neighborhood: Near Eastside

      Nearby schools

      GreatSchools rating

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