1241 31st Street, Indianapolis
1241 31st Street, Indianapolis, IN 46208
Purpose unavailable
$275,000
Property Details
6
Bedrooms
2
Bathrooms
1,628
Sq Ft
1930
Year Built
Additional Information
Home Features
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
Looking for a high-yield investment opportunity? This 6-bed home in Indianapolis offers flexible rental potential with six private bedrooms, two full baths, and a layout well-suited for shared housing models. Positioned near Riverside Park and just minutes from IUPUI, downtown employers, and public transit routes, the location supports consistent demand for housing from students, workforce renters, and voucher holders. Zoned single-family, this property has a strong rental history and is currently vacant for immediate lease-up or minor value-add upgrades. Large common areas, full kitchen, and convenient street parking make it easy to configure as traditional or shared living. Newer roof and updated mechanicals provide peace of mind. Investors looking to maximize returns through Section 8, room-by-room, or co-living strategies will find this an adaptable asset in a high-demand corridor. Nearby properties show stable cash flow potential with proper management. No HOA.
Location
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1241 31st Street, Indianapolis, IN 46208
Inquire About This Property
Listing provided courtesy of Charlene Gaard at No Limit Real Estate, LLC
Contact: charlenegaard@aol.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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