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  • $269,999

    230 N Rural St, Indianapolis, IN 46201

    6beds
    2baths
    --sqft
    : 
    $1,927/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    292 days
    284
    27

    Zillow last checked:

    Listing updated:

    Listed by:

    Fantasia Ratliff Fantasia@scottestates.net,

    Scott Estates

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

      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 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: $279,900
      • Annual tax amount: $3,820
      • Date on market: 11/29/2025
      • Cumulative days on market: 205 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/13/2026Price change$269,999-3.6%
        Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
        3/10/2026Price change$279,999-2.7%
        Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
        1/15/2026Price change$287,899-0.7%
        Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
        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
        2/14/2018Sold$15,000+87.5%
        Source: Public Record Report a problem
        2/18/2010Sold$8,000+77.8%
        Source: Public Record Report a problem
        2/15/2008Sold$4,500-88%
        Source: MIBOR as distributed by MLS GRID #2766997 Report a problem
        11/28/2007Sold$37,400
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,819 +10.8%$279,900 -12.2%
        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%
        2021$4,956 $203,800 -4.8%
        2020-- $214,000 +552.4%
        2019$253 -58.9%$32,800 +2.2%
        2018$615 +51.5%$32,100 +4.2%
        2017$406 +95.1%$30,800 +9.6%
        2016$208 +7.4%$28,100 +6%
        2014$194 +0.1%$26,500
        2013$193 $26,500 +22.1%
        2012$193 $21,700 +39.1%
        2011-- $15,600
        2010$329 -2.2%$15,600
        2009$337 $15,600 +75.3%
        2007-- $8,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Eastside

        Getting around

        66 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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