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$279,999 -

230 N Rural Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.11
Acres

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.

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Property Details

Price: $279,999 Previously: $279,999 Originally: $289,999 Bathrooms: 0.00 MLS #: 22075034 Year Built: 1920 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Hubbard & Thornton County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Other
  • # Acres: 0.11

Listing Office: Scott Estates

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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 March 19th, 2026 at 4:29pm EDT.

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