$119,999
For Sale

223 W 31st Street

Indianapolis, IN 46208
2161 sqft | 3 beds | 2.5 baths | 0.07 acres | #22066702
Listing OfficeAsk Pat About Real Estate
Browse 33 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Charming and well-maintained property located in the heart of Indianapolis! This home is currently tenant-occupied, generating $1,000/month in rent - with plenty of upside potential as current rents are below market value for the area. Whether you're an investor seeking steady cash flow or a homeowner looking for your next project, this property offers exceptional flexibility and opportunity. Inside, you'll find a comfortable layout with inviting living spaces, ample natural light, and classic character throughout. The home has a two car garage and off-street parking, and easy access to nearby amenities. Located just minutes from Downtown Indianapolis, Ivy Tech, the Children's Museum, and major highways, this property is in a rapidly developing area with strong rental demand and rising property values. Highlights: Current rent: $1,000/month (well below market) Tenant in place - start earning income immediately Great starter home, rental, or flip opportunity Convenient central location near downtown, schools, and parks Showings require 24-48 hour advance notice Don't miss this chance to add a solid performer to your portfolio or transform it into your next beautiful home. Schedule your showing today and see the potential at 233 W 31st St!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • Property SubtypeSingle Family Residence
      • BasementPartially Finished
      • SubdivisionTopps Garden Place
      • InteriorAttic Access
      • Property TypePurchase
      • Original List Price$119,999
      • MLS #22066702
      • MLS #22066702
      • Utility SourcePublic
      • CountyMarion
      • Cost119999
      • FoundationBlock
      • Acres0.07
      • Square Feet2161
      • Year Built1920
      • Bathrooms2.5
      • Fireplaces1
      • Bedrooms3
      • Full Baths2
      • Half Baths1
      • Parking Spaces2

Location

Hilary CasstevensReal Estate Group
OR

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Interest Rate

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6.0%

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