1058 W 31st Street, Indianapolis, IN 46208
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1058 W 31st Street,Indianapolis, IN 46208
$249,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: hammed lawal
Office: ib realtors
MLS#:22105502
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$249,900
About this home
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....
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Home facts
- Year built:1921
- Subdivision & Development:Armstrong
- Listing ID #:22105502
- Added:99 day(s) ago
- Updated:September 17, 2026 at 03:52 PM
Rooms and interior
- Basement:Yes
- Basement Description:Basement, Finished, Unfinished
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1921
- Lot area:0.13 Acres
- Construction Materials:Stone, Vinyl Siding
Finances and disclosures
- Price:$249,900
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