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
Price cut: $7.9K (3/10)
$279,999
230 N Rural St, Indianapolis, IN 46201
6beds
2baths
--sqft
Est.: Get pre-qualified
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious unitSeparate living spaces
- 187 days |
- 247 |
- 29 |
Zillow last checked:
Listing updated:
Listed 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 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: 188 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Price change | $279,999-2.7% |
Source:  MIBOR as distributed by MLS GRID #22075034 Report a problem | ||
| 1/15/2026 | Price change | $287,899-0.7% |
Source: MIBOR as distributed by MLS GRID #22075034 Report a problem | ||
| 11/29/2025 | Listed for sale | $289,999+15.1% |
Source: MIBOR as distributed by MLS GRID #22075034 Report a problem | ||
| 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: MIBOR as distributed by MLS GRID #2766997 Report a problem | ||
| 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 | -- | $8,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 1.8 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 2.3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 230 N Rural St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
