Hi There! Is this Your First Time?
Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.
223 W 31st Street Indianapolis IN 46208
- 3
- Bedrooms
- 2½
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.07
- Acres
Charming and well-maintained property located in the heart of Indianapolis! This home is currently tenant-occupied, generating $1,000/month in rent - with plenty of upside potential as current rents are below market value for the area. Whether you're an investor seeking steady cash flow or a homeowner looking for your next project, this property offers exceptional flexibility and opportunity. Inside, you'll find a comfortable layout with inviting living spaces, ample natural light, and classic character throughout. The home has a two car garage and off-street parking, and easy access to nearby amenities. Located just minutes from Downtown Indianapolis, Ivy Tech, the Children's Museum, and major highways, this property is in a rapidly developing area with strong rental demand and rising property values. Highlights: Current rent: $1,000/month (well below market) Tenant in place - start earning income immediately Great starter home, rental, or flip opportunity Convenient central location near downtown, schools, and parks Showings require 24-48 hour advance notice Don't miss this chance to add a solid performer to your portfolio or transform it into your next beautiful home. Schedule your showing today and see the potential at 233 W 31st St!
Property Details
Interior Features
- Appliances: Water Heater, Refrigerator, Washer, Dryer
- Cooling: Central Air
- Heating: Forced Air, Propane, Natural Gas
Exterior Features
- # Acres: 0.07
Listing Office: Ask Pat About Real Estate
Similar Properties To: 223 W 31st Street, Indianapolis
Rainbow Ridge
- MLS® #:
- 22074834
- Provider:
- List With Ben, Llc
Brightwood
- MLS® #:
- 22068967
- Provider:
- Real Broker, Llc
Shearers E 21st St Add
- MLS® #:
- 22067202
- Provider:
- Carpenter, Realtors®
Johnson
- MLS® #:
- 22057913
- Provider:
- Exp Realty, Llc
A V Browns West Michigan
- MLS® #:
- 22013775
- Provider:
- Ala Carte Realty
Tuxedo Park
- MLS® #:
- 22067430
- Provider:
- Highgarden Real Estate
Elmwood
- MLS® #:
- 22025000
- Provider:
- Keller Williams Indy Metro S
No Subdivision
- MLS® #:
- 22036836
- Provider:
- Trueblood Real Estate
View all similar properties here
All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.
Listing information last updated on January 19th, 2026 at 5:58am EST.
