230 N Rural Street, Indianapolis, IN 46201

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.

Listing Status:

Active

Data Last Updated:

February 16, 2026 at 5:19PM

Listing Office:

Scott Estates : 317-719-0334

Listing Agent:

Fantasia Robinson : 317-719-0334

MLS ID:

22075034

Interior

• Laundry: Other
• Basement: Interior Entry
• Heating: Forced Air

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Hubbard & Thorntons Sub Flet E Add Blakegrove L4491005222002000101
• Current Use: Residential

Financial

• Source: mibor