LKV Realty
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$269,999
$1,400Reward *
230 N Rural Street, Indianapolis, IN 46201Listing ID 22075034

230 N Rural Street, Indianapolis, IN 46201

Active
Hubbard & Thornton
Time on site: 261 daysLast updated: Jun 19, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.11
Days on Site
Days on Site
261
Heating
Heating
Forced Air
Year Built
Year Built
1920

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.

Property Information

Property Details

Location

Address
230 N Rural Street
County
Marion
City
Indianapolis
Zip Code
46201
Subdivision
Hubbard & Thornton
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Other Rooms

Laundry Features
Other

Building

Building Information

Year Built
1920
Construction
Wood Siding

Property Taxes

Tax Year
2024
Scott Estates, (317) 610-3470

Market Report for 46201

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 01:29 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR43187