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Kade Koch

kade@kadekochrealty.com +1(317) 697-7953

Listed by Fantasia Robinson • Scott Estates

$ 287,899

Est. payment -/mo

Save

Active

230 N Rural ST Indianapolis, IN 46201

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Hubbard & Thornton

MLS Listing ID 22075034

Year Built 1920

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Duplex

Property 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.

Location

State IN

County Marion

Rooms

Basement Interior Entry

Interior

Heating Forced Air

Fireplace N

Building

Structure Type Wood Siding

New Construction false

Schools

School District Indianapolis Public Schools

SCHOOLSPROPERTIES

Elementary Schools 20

8

Paramount School of Excellence

Public | KG - 8
6

Center For Inquiry School 2

Public | KG - 8
5

Christel House Academy South

Public | KG - 12
5

Indpls Lighthouse Charter School

Public | KG - 12
4

Theodore Potter School 74

Public | KG - 6
4

Frederick Douglass School 19

Public | PK - 8
3

William Mckinley School 39

Public | PK - 6
3

Christian Park School 82

Public | KG - 6
3

George W Julian School 57

Public | KG - 6
2

James a Garfield School 31

Public | KG - 8
2

Thomas D. Gregg Elementary School 15

Public | PK - 6
1

Se Neighborhood School of Excellence

Public | KG - 7
1

Washington Irving School 14

Public | PK - 6
1

Francis Parker Montessori School 56

Public | PK - 8
1

Eleanor Skillen School 34

Public | KG - 6
1

Brookside School 54

Public | KG - 6
1

James Russell Lowell School 51

Public | PK - 6
1

Ralph Waldo Emerson School 58

Public | KG - 6
1

Paul I Miller School 114

Public | PK - 6
0

Fall Creek Academy

Public | KG - 12

Middle Schools 5

4

Beech Grove Middle School

Public | 7 - 8
1

H L Harshman Middle School

Public | 7 - 8
0

Carpe Diem - Meridian Campus

Public | 6 - 12
0

Longfellow Magnet Middle School

Public | 7 - 8
0

Thomas Carr Howe Community High School

Public | 7 - 12

High Schools 5

10

Herron High School

Public | 9 - 12
1

Arsenal Technical High School

Public | 9 - 12
0

Emmerich Manual High School

Public | 9 - 12
0

Christel House Dors South

Public | 9 - 12
0

Scecina Memorial High School

Private | 9 - 12

School and business data provided by Attom Data.

Kade Koch

Broker Associate

+1(317) 697-7953

Kade Koch

230 N Rural ST Indianapolis, IN 46201

Key Details

Location

Rooms

Interior

Building

Schools

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230 N Rural ST