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.
Active
$190,000
231-233 W 29th St, Indianapolis, IN 46208
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Separate living spacesPrivate living space
- 56 days
- 129
- 8
Zillow last checked:
Listing updated:
Listed by:
Nathaniel Cromlich nate@c21scheetz.com,
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: 24 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $190,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




