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230 N Rural Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
230 N Rural Street,Indianapolis, IN 46201
$269,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: fantasia robinson
Office: scott estates
MLS#:22075034
Source:IN_MIBOR

Price summary

  • Price:$269,999

About this home

Ideal for house hackers or investors seeking the rapidly revitalizing Near Eastside (46201). The property offers immediate income, as one unit is currently rented at $1,350! The property's vacant unit is move-in ready, allowing for easy showings, immediate occupancy, or quick tenant placement. Each spacious unit offers 3 bedrooms and 1 bathroom, currently renting at $1,350 per side with strong potential for increased rents through light cosmetic updates. Live in one unit and offset your mortgage with the already existing rental income, or place tenants in the vacant side immediately and start generating even more cash flow. 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...

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Home facts

  • Year built:1920
  • Listing ID #:22075034
  • Added:199 day(s) ago
  • Updated:June 17, 2026 at 02:48 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1920
  • Lot area:0.11 Acres
  • Construction Materials:Wood Siding

Finances and disclosures

  • Price:$269,999
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