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.
Active
$269,999
230 N Rural St, Indianapolis, IN 46201
6beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 22075034
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
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Price change | $269,999-3.6% |
Source: | ||
| 3/10/2026 | Price change | $279,999-2.7% |
Source: | ||
| 1/15/2026 | Price change | $287,899-0.7% |
Source: | ||
| 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 | ||
| 2/14/2018 | Sold | $15,000+87.5% |
Source: Public Record Report a problem | ||
| 2/18/2010 | Sold | $8,000+77.8% |
Source: Public Record Report a problem | ||
| 2/15/2008 | Sold | $4,500-88% |
Source: | ||
| 11/28/2007 | Sold | $37,400 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






