1058 W 31st Street, Indianapolis, IN 46208

Property Description

Don't miss this exceptional income-producing duplex offering two spacious 3-bedroom, 1.5-bath units a perfect opportunity for investors and aspiring house hackers alike. Thoughtfully updated and move-in ready, this property features central air, new entry doors, washer and dryer, updated appliances, brand-new attic insulation, and a roof that's less than one year old. The 1056 unit has also been freshly painted throughout, giving it a clean, modern feel that's ready for its next occupant. Whether you're looking to expand your investment portfolio or take advantage of the house hacking strategy by living in one unit while renting the other, this property checks all the boxes. With average rents in the area ranging from $1,300 to $1,450 per 3-bedroom unit, the income potential is outstanding. Conveniently located just minutes from I-65, you'll enjoy quick access to downtown and an easy commute to major employers, shopping, dining, and entertainment. As an added incentive, the seller is open to offering reasonable concessions with a full-price offer, creating additional value and flexibility for qualified buyers. Opportunities like this don't stay on the market for long. Whether you're an investor seeking strong cash flow or a buyer looking to offset your mortgage by renting one side, this turnkey duplex is ready to help you build long-term wealth through real estate.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 12:17AM

Listing Office:

IB REALTORS : 317-531-9685

Listing Agent:

Hammed Lawal : 317-531-9685

MLS ID:

22105502

Interior

• Laundry: Main LevelLaundry Room
• Basement: UnfinishedFinished
• A/C: Central Air
• Heating: Forced Air

Exterior

• Style: Traditional

Construction

• General: TwoBrick/Mortar

Location

• Road/Access: City Street
• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Armstrongs Keystone Pk Add L33490622107001000101
• Current Use: Residential

Financial

• Source: mibor