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Metropolitan Indianapolis Board of Realtors

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

$119,999
Pending

223 W 31st Street

Indianapolis, IN 46208
2161 sqft | 3 beds | 2.5 baths | 0.07 acres | #22066702
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Listing OfficeAsk Pat About Real Estate
223 W 31st Street
33 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Property Details
      • School DistrictIndianapolis Public Schools
      • Property SubtypeSingle Family Residence
      • BasementPartially Finished
      • SubdivisionTopps Garden Place
      • InteriorAttic Access
      • Property TypePurchase
      • Original List Price$119,999
      • MLS #22066702
      • Cost119999.0
      • MLS #22066702
      • Square Feet2161.0
      • Utility SourcePublic
      • CountyMarion
      • FoundationBlock
      • Acres0.07
      • Year Built1920
      • Bathrooms2.5
      • Parking Spaces2.0
      • Fireplaces1
      • Bedrooms3
      • Full Baths2
      • Half Baths1

Location

Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Last Updated: 02/08/2026 at 6:45 PM. Source: MIBOR

Provided By
Listing Agent: Patrick McNeill (#MBR16435)
Listing Office: Ask Pat About Real Estate (#MBRAPAR01)

Provided By (Buyer)
Buyer's Agent: KiKi Chase (#MBR44853)
Buyer's Office: Homeward Bound Realty LLC (#MBRHOBO01)

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