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  • Price cut: $7.9K (3/10)
    $279,999

    230 N Rural St, Indianapolis, IN 46201

    6beds
    2baths
    --sqft
    : 
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious unitSeparate living spaces
    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.
    131 days
    |
    564
    |
    45
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2026 at 01:10pm

    Listing Provided by:

    Fantasia Robinson 317-719-0334,

    Scott Estates

    Source: MIBOR as distributed by MLS GRID,MLS#: 22075034MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      Heating
      • Forced Air
      Appliances
      • Laundry: Other
      Features
      • Basement: Interior Entry

      Property

      Parking
      • Details: Unit Parking(Other)
      Lot
      • Size: 4,791.6 Square Feet
      • Features: Other
      Details
      • Parcel number: 491005222002000101

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      • Attached to another structure: Yes
      Materials
      • Wood Siding
      Condition
      • New construction: No
      • Year built: 1920

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Hubbard & Thornton
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $318,800
      • Annual tax amount: $3,820
      • Date on market: 11/29/2025
      • Cumulative days on market: 133 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/10/2026Price change$279,999-2.7%
        Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
        1/15/2026Price change$287,899-0.7%
        Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
        11/29/2025Listed for sale$289,999+15.1%
        Source: MIBOR as distributed by MLS GRID #22075034 Report a problem
        8/1/2022Sold$252,000+620%
        Source: Public Record Report a problem
        1/31/2020Listing removed$750
        Source: Green Light Property Management Indiana Report a problem
        1/24/2020Listed for rent$750
        Source: Green Light Property Management Indiana Report a problem
        4/17/2019Sold$35,000+133.3%
        Source: Public Record Report a problem
        2/14/2018Sold$15,000+87.5%
        Source: Public Record Report a problem
        2/18/2010Sold$8,000-78.6%
        Source: Public Record Report a problem
        11/28/2007Sold$37,400
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$3,447 +4.8%$318,800 +9.7%
        2023$3,288 -30.1%$290,600 +5.7%
        2022$4,701 -5.1%$274,900 +34.9%
        2021$4,956 $203,800 -4.8%
        2020-- $214,000 +552.4%
        2019$253 -58.9%$32,800 +2.2%
        2018$615 +51.5%$32,100 +4.2%
        2017$406 +95.1%$30,800 +9.6%
        2016$208 +7.4%$28,100 +6%
        2014$194 +0.1%$26,500
        2013$193 $26,500 +22.1%
        2012$193 $21,700 +39.1%
        2011-- $15,600
        2010$329 -2.2%$15,600
        2009$337 $15,600 +75.3%
        2007-- $8,900

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,604/mo
        Principal & interest
        $1380
        Property taxes
        $224
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          Climate risks

          Neighborhood: Near Eastside

          Getting around

          66 / 100
          Somewhat Walkable
          42 / 100
          Some Transit
          67 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 46201

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