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.
Active
$289,999
230 N Rural St, Indianapolis, IN 46201
6beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious unitSeparate living spaces
- 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#: 22075034
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2025 | Listed for sale | $289,999+15.1% |
Source: | ||
| 8/1/2022 | Sold | $252,000+620% |
Source: Public Record Report a problem | ||
| 1/31/2020 | Listing removed | $750 |
Source: Green Light Property Management Indiana Report a problem | ||
| 1/24/2020 | Listed for rent | $750 |
Source: Green Light Property Management Indiana Report a problem | ||
| 4/17/2019 | Sold | $35,000+133.3% |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 6/10Center for Inquiry School 2Grades: K-8Distance: 1.8 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1 mi
- 3/10Francis W. Parker School 56Grades: PK-8Distance: 2.3 mi
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