231-233 W 29th ST, Indianapolis, IN 46208
231-233 W 29th ST, Indianapolis, IN 46208
231-233 W 29th ST, Indianapolis, IN 46208
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Listed by Nathaniel Cromlich • CENTURY 21 Scheetz
$190,000
Est. payment /mo
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3,920 Sqft Lot
New

231-233 W 29th ST Indianapolis, IN 46208

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Fletcher

MLS Listing ID 22120382

Year Built 1910

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Property Description

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.

Location

State IN

County Marion

Interior

Fireplace N

Building

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools


MIBOR MLS

NEARBY SCHOOL & BUSINESS

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Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

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231-233 W 29th ST