230 N Rural Street, Indianapolis, IN 46201
- $279,999
- $287,899
- $279,999
- $287,899
Description
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.
Address
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Address: 230 N Rural Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
Details
Updated on April 19, 2026 at 12:10 am-
Property ID 22075034
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Price $279,999
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Land Area 0.11 Acres
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Garage Size x x
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Year Built 1920
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Property Type Duplex, Residential Income
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Property Status Active
Additional details
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Heating Forced Air
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County Marion
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Property Type Residential Income
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