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230 N Rural Street, 
Indianapolis, IN 46201

$269,999

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Fantasia Robinson

Scott Estates

317-610-3470

Last updated:

September 17, 2026, 03:52 PM

MLS#

22075034

Source:

IN MIBOR | Licensed in Indiana

About This Home

230 N Rural Street

Cash-Flow Opportunity in Indianapolis' Thriving Near Eastside! Whether you're looking to house hack, invest, or grow your rental portfolio, this income-producing duplex is packed with potential. One unit is already leased at $1,350/month, providing immediate cash flow, while the vacant unit is move-in ready for an owner-occupant or new tenant. Each spacious unit features 3 bedrooms and 1 bathroom, with current rents at $1,350 per side and room for growth through simple cosmetic updates. Live in one unit while your tenant helps cover the mortgage, or rent both sides and maximize returns from day one. Located just minutes from downtown Indianapolis, Mass Ave, Bottleworks District, and ongoing redevelopment projects, this property sits in one of the city's fastest-growing rental markets. With solid fundamentals, strong rental demand, and upside potential, this duplex is an excellent opportunity for both new and seasoned investors.

Home Facts

Multi-Family

Built in 1920

Subdivision & Development:

Hubbard & Thornton

Price Summary

269,999

MLS #:

22075034

Last Updated:

September 17, 2026, 03:52 PM

Added:

9 month(s) ago

Structure

Structure

Year Built:

1920

Lot

Lot Size (Sq. Ft):

4,791

Finances & Disclosures

Finances

Price:

$269,999

Source:IN MIBOR | Licensed in Indiana
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.