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.
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Zillow last checked:
Listing updated:
Listed by:
Nathaniel Cromlich317-537-1597,
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22120382
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Appliances
Laundry: No Laundry Facil.
Features
Has basement: Yes
Property
Parking
Details: Unit Parking(On Street)
Lot
Size: 3,920 Square Feet
Features: Corner Lot
Details
Parcel number: 490626132019000101
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Materials
Vinyl Siding
Condition
New construction: No
Year built: 1910
Community & HOA
Community
Subdivision: Fletcher
Location
Region: Indianapolis
Financial & listing details
Annual tax amount: $986
Date on market: 8/14/2026
Cumulative days on market: 10 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
8/14/2026
Listed for sale
$190,000
Source: MIBOR as distributed by MLS GRID #22120382Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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