223 W 31st Street, Indianapolis, IN 46208

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
223 W 31st Street,Indianapolis, IN 46208
$119,999
  • 3 Beds
  • 3 Baths
  • 1,816 sq. ft.
  • Single family
  • Active
Listed by: patrick mcneill
Office: ask pat about real estate
MLS#:22066702
Source:IN_MIBOR

Price summary

  • Price:$119,999
  • Price per sq. ft.:$55.53

About this home

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

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1920
  • Listing ID #:22066702
  • Added:32 day(s) ago
  • Updated:November 11, 2025 at 05:41 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:1,816 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air, Propane

Structure and exterior

  • Year built:1920
  • Building area:1,816 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$119,999
  • Price per sq. ft.:$55.53
Copyright 2025 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 223 W 31st Street