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.
Active
Price cut: $10.1K (7/7)
$269,900
1058 W 31st St, Indianapolis, IN 46208
6beds
4baths
--sqft
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
- 86 days
- 310
- 21
Zillow last checked:
Listing updated:
Listed by:
Hammed Lawal 317-531-9685,
IB REALTORS
Source: MIBOR as distributed by MLS GRID,MLS#: 22105502
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: 87 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $269,900-3.6% |
Source: | ||
| 6/9/2026 | Listed for sale | $279,990+78.3% |
Source: | ||
| 4/8/2026 | Listing removed | $1,250 |
Source: Zillow Rentals Report a problem | ||
| 2/14/2026 | Price change | $1,250-37.3% |
Source: Zillow Rentals Report a problem | ||
| 11/21/2025 | Price change | $1,995+66.3% |
Source: Zillow Rentals Report a problem | ||
| 9/15/2025 | Price change | $1,200-10.1% |
Source: Zillow Rentals Report a problem | ||
| 8/27/2025 | Price change | $1,335-1.5% |
Source: Zillow Rentals Report a problem | ||
| 8/12/2025 | Price change | $1,355-2.2% |
Source: Zillow Rentals Report a problem | ||
| 6/22/2025 | Listed for rent | $1,385+0.7% |
Source: Zillow Rentals Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/7/2024 | Listed for rent | $1,375+37.5% |
Source: Zillow Rentals Report a problem | ||
| 2/20/2024 | Sold | $157,000+8.3% |
Source: | ||
| 1/15/2024 | Pending sale | $145,000 |
Source: | ||
| 1/13/2024 | Listed for sale | $145,000+64.8% |
Source: | ||
| 3/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/8/2023 | Listed for rent | $1,000+5.3% |
Source: Zillow Rentals Report a problem | ||
| 4/18/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/31/2022 | Listed for rent | $950+46.2% |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/27/2018 | Listing removed | $650 |
Source: Invictus Property Managment Report a problem | ||
| 9/26/2018 | Listed for rent | $650 |
Source: Invictus Property Managment Report a problem | ||
| 6/7/2018 | Sold | $88,000 |
Source: Public Record Report a problem | ||
| 5/13/2018 | Listing removed | $650 |
Source: Invictus Property Managment Report a problem | ||
| 4/20/2018 | Listed for rent | $650 |
Source: Invictus Property Managment Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






