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231-233 W 29th Street Indianapolis, IN $ 190,000
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$ 190,000 Get more info
231-233 W 29th Street
$ 190,000
Back to search
Share Save

231-233 W 29th Street

Indianapolis, IN, 46208
$ 190,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,312

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Multi-Family Home for sale in Indianapolis, IN

for $190,000. This home was built in 1910 on a lot size of 0.09.

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.

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Multi-Family Active

Price

$ 190,000

Property Type

Multi-Family

Taxes

$ 986

Style

Duplex

Lot Size

0.09

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22120382
Features
General
Possession Closing
Construction Materials Vinyl Siding
Year Built 1910
Township Center
Property Subtype Duplex
Tax Year 2025
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Fletcher
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4008
Structure Type Duplex
Standard Status Active
Tax Lot 101
Legal Description Fletcher Senate Ave Sub Burton & Campbells Parkplace L17
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Exterior
Lot Features Corner Lot
Lot Size Acres 0.09
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Interior
Basement (Y/N) Y
Laundry Features No Laundry Facil.
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* Excluded Features
List By
Century 21 Scheetz

Broker

nate@c21scheetz.com

Email

Affordability Calculator

$1,394
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,312
Monthly Property Taxes
$82
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
8/14/2026 $190,000 Listed Price

Map

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231-233 W 29th Street, Indianapolis, IN, 46208 is a Multi-Family Home for sale at $190,000 with a lot size of 0.09. 231-233 W 29th Street has 0.0 baths and was built in 1910. The property's zip code is 46208 which is in Indianapolis, IN

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