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  • Price cut: $10.1K (7/7)
    $269,900

    1058 W 31st St, Indianapolis, IN 46208

    6beds
    4baths
    --sqft
    : 
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    Multi Family, Duplex
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Central airNew entry doorsWasher and dryerBrand-new attic insulationFreshly painted throughoutUpdated appliances
    Don't miss this exceptional income-producing duplex offering two spacious 3-bedroom, 1.5-bath units a perfect opportunity for investors and aspiring house hackers alike. Thoughtfully updated and move-in ready, this property features central air, new entry doors, washer and dryer, updated appliances, brand-new attic insulation, and a roof that's less than one year old. The 1056 unit has also been freshly painted throughout, giving it a clean, modern feel that's ready for its next occupant. Whether you're looking to expand your investment portfolio or take advantage of the house hacking strategy by living in one unit while renting the other, this property checks all the boxes. With average rents in the area ranging from $1,300 to $1,450 per 3-bedroom unit, the income potential is outstanding. Conveniently located just minutes from I-65, you'll enjoy quick access to downtown and an easy commute to major employers, shopping, dining, and entertainment. As an added incentive, the seller is open to offering reasonable concessions with a full-price offer, creating additional value and flexibility for qualified buyers. Opportunities like this don't stay on the market for long. Whether you're an investor seeking strong cash flow or a buyer looking to offset your mortgage by renting one side, this turnkey duplex is ready to help you build long-term wealth through real estate.
    40 days
    |
    317
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hammed Lawal 317-531-9685,

    IB REALTORS

    Source: MIBOR as distributed by MLS GRID,MLS#: 22105502MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Main level bathrooms: 6
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Main Level, Laundry Room
      Features
      • Basement: Unfinished,Finished

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,662 Square Feet
      • Features: Access
      Details
      • Parcel number: 490622107001000101
      • Special conditions: As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Duplex
      Materials
      • Stone, Vinyl Siding
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1921

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Armstrong
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $155,300
      • Annual tax amount: $2,380
      • Date on market: 6/9/2026
      • Cumulative days on market: 43 days
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Price change$269,900-3.6%
        Source: MIBOR as distributed by MLS GRID #22105502 Report a problem
        6/9/2026Listed for sale$279,990+78.3%
        Source: MIBOR as distributed by MLS GRID #22105502 Report a problem
        4/8/2026Listing removed$1,250
        Source: Zillow Rentals Report a problem
        2/14/2026Price change$1,250-37.3%
        Source: Zillow Rentals Report a problem
        11/21/2025Price change$1,995+66.3%
        Source: Zillow Rentals Report a problem
        9/15/2025Price change$1,200-10.1%
        Source: Zillow Rentals Report a problem
        8/27/2025Price change$1,335-1.5%
        Source: Zillow Rentals Report a problem
        8/12/2025Price change$1,355-2.2%
        Source: Zillow Rentals Report a problem
        6/22/2025Listed for rent$1,385+0.7%
        Source: Zillow Rentals Report a problem
        6/18/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/7/2024Listed for rent$1,375+37.5%
        Source: Zillow Rentals Report a problem
        2/20/2024Sold$157,000+8.3%
        Source: MIBOR as distributed by MLS GRID #21958942 Report a problem
        1/15/2024Pending sale$145,000
        Source: MIBOR as distributed by MLS GRID #21958942 Report a problem
        1/13/2024Listed for sale$145,000+64.8%
        Source: MIBOR as distributed by MLS GRID #21958942 Report a problem
        3/22/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/8/2023Listed for rent$1,000+5.3%
        Source: Zillow Rentals Report a problem
        4/18/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        3/31/2022Listed for rent$950+46.2%
        Source: Zillow Rental Network Premium Report a problem
        9/27/2018Listing removed$650
        Source: Invictus Property Managment Report a problem
        9/26/2018Listed for rent$650
        Source: Invictus Property Managment Report a problem
        6/7/2018Sold$88,000
        Source: Public Record Report a problem
        5/13/2018Listing removed$650
        Source: Invictus Property Managment Report a problem
        4/20/2018Listed for rent$650
        Source: Invictus Property Managment Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,380 +0%$155,300 +54.8%
        2024$2,379 +2.8%$100,300
        2023$2,314 +49.3%$100,300 +2.3%
        2022$1,550 +2.7%$98,000 +45.8%
        2021$1,510 +2.2%$67,200 +3.1%
        2020$1,478 -16.2%$65,200 +4.2%
        2019$1,764 +37.7%$62,600
        2018$1,280 -10.7%$62,600 +6.5%
        2017$1,434 +2.7%$58,800 -10.1%
        2016$1,396 +5.2%$65,400 +6.5%
        2014$1,328 -2.2%$61,400
        2013$1,357 $61,400 +1.5%
        2012$1,357 $60,500 +400%
        2011-- $12,100
        2010$257 -2.1%$12,100
        2009$262 $12,100 +19.8%
        2007-- $10,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near NW-Riverside

        Getting around

        49 / 100
        Car-Dependent
        37 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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