231-233 W 29th Street Indianapolis, IN 46208
Listing Courtesy of: MIBOR as distributed by MLS GRID / Listed By: Nathaniel Cromlich, Century 21 Scheetz

  231-233 W 29th Street Indianapolis, IN 46208

Active (1 Days)
$190,000 (USD)

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.

MLS #:
22120382
Taxes
$493(2025)
Lot Size
4,008 SQFT
Type
Multifamily
Year Built
1910
School District
Indianapolis Public Schools
County
Marion County
Community
Center

Listed By

Nathaniel Cromlich, Century 21 Scheetz
Source
MIBOR
Last checked Aug 14 2026 at 9:12 PM GMT+0000
Bathroom Details
Subdivision
  • Fletcher
Exterior Features
  • Vinyl Siding
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by C21 Scheetz and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Metropolitan Indianapolis Board of Realtors (MIBOR). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/20/23 06:55
Based on information submitted to the MLS GRID as of 8/14/2026 21:12. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.