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Listed price in listed location currency (USD).
$119,999

330
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1816 sqft
Garage Yes
Taxes 
Days Active 2
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $66
MLS® Number 22066702

Property Address: 223 W 31st St, Indianapolis, IN, 46208-4601

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number22066702
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageYes
Approx. Age1920
BasementPartially Finished
Driveway
Garage Spaces
HeatForced Air, Propane, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Rooms

Dining Room:Main12 × 16 ft
Kitchen:Main12 × 15 ft
Bedroom 2:Upper11 × 13 ft
Living Room:Main13 × 21 ft
Bedroom 3:Upper12 × 13 ft
Other:Upper11 × 13 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$119,999List Price

Home Appraisal

This property is estimated to sell between: $119,000 and $247,000.
Similar properties in this area sold on average for: $204,108
Expected to sell in 84 days. Similar properties sold in 86 days. This home has been on eXp Commercial Brokerage for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
223 W 31 St St, Indianapolis, IN

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