231-233 W 29th Street, Indianapolis, IN 46208

$190,000

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List Price
$190,000
Days on Market
27
Status
ACTIVE
MLS#
22120382
Lot Size (Acres)
0.09
Year Built
1910

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.

Additional Information

Area
Center
Subdivision
Fletcher
Taxes
$493

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Scheetz.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative