LKV Realty
Logo
$190,000
$900Reward *
231-233 W 29th Street, Indianapolis, IN 46208Listing ID 22120382

231-233 W 29th Street, Indianapolis, IN 46208

Active
Fletcher
Time on site: 2 daysLast updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Acres
Acres
0.09
Days on Site
Days on Site
2
Year Built
Year Built
1910

Why choose between buying a home and buying an investment when you can potentially do both? Welcome to 231-233 W 29th Street, a duplex offering the flexibility today's buyers and investors are looking for. Whether you're an experienced investor ready to expand your Indianapolis portfolio, a first-time investor looking to get started, or a savvy buyer interested in house hacking, this property presents an opportunity worth exploring. LIVE IN ONE SIDE. RENT THE OTHER. BUILD FROM THERE. A duplex creates options that a traditional single-family home simply can't. Owner-occupants can enjoy their own private living space while potentially generating rental income from the neighboring unit to help offset the cost of ownership. Investors can take advantage of two units under one roof, creating multiple income streams from a single property. Located in Indianapolis' 46208 area, the property provides convenient access to Downtown Indianapolis and many of the city's major employment, education, entertainment, and redevelopment areas. For the investor, this could be a compelling buy-and-hold opportunity with the ability to generate income from both sides. For the house hacker, it could be the opportunity to stop thinking like a renter and start building a real estate portfolio-beginning with the property you call home. Duplex opportunities offer tremendous flexibility: live in one side and rent the other, rent both units, accommodate extended family while maintaining separate living spaces, or position the property as part of a long-term investment strategy. One property. Two units. Multiple possibilities.

Property Information

Property Details

Location

Address
231-233 W 29th Street
County
Marion
City
Indianapolis
Zip Code
46208
Subdivision
Fletcher
School District
Indianapolis Public Schools
MLS Area
4910 - Marion - Center

Interior Features

Other Rooms

Laundry Features
No Laundry Facil.

Building

Building Information

Year Built
1910
Construction
Vinyl Siding

Property Taxes

Tax Year
2025
CENTURY 21 Scheetz, (317) 595-0021

Market Report for 46208

* 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 16 Aug 2026, 06:28 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.

MBR47311