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!
Sold
Zillow last checked:
Listing updated:
Bought with:
Steve Masuccio
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22066702
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Sold | $114,000-5%$53/sqft |
Source:  MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 3/12/2026 | Pending sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 2/23/2026 | Listed for sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 2/8/2026 | Pending sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 11/11/2025 | Listed for sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 10/16/2025 | Pending sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 10/10/2025 | Listed for sale | $119,999+100%$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 6/15/2020 | Sold | $60,000-17.7%$28/sqft |
Source: Public Record Report a problem | ||
| 12/16/2015 | Listing removed | $72,900$34/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 9/16/2015 | Price change | $72,900-2.7%$34/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 7/14/2015 | Price change | $74,900-3.9%$35/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 6/2/2015 | Listed for sale | $77,900+332.8%$36/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 3/27/2015 | Listing removed | $18,000$8/sqft |
Source: Owner Report a problem | ||
| 2/18/2015 | Listed for sale | $18,000$8/sqft |
Source: Owner Report a problem | ||
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Estimated market value
$114,100
