1058 W 31st St Indianapolis, IN 46208
Near Northwest Riverside NeighborhoodEstimated payment $1,664/month
Highlights
- Traditional Architecture
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
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.
Listing Agent
IB REALTORS Brokerage Email: l.hammed@ymail.com License #RB25001758 Listed on: 06/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,380
Year Built
- Built in 1921
Home Design
- Duplex
- Traditional Architecture
- Brick Foundation
- Vinyl Siding
- Stone
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Additional Features
- 5,706 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Armstrong Subdivision
Listing and Financial Details
- Tax Lot 1032760
- Assessor Parcel Number 490622107001000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,774 | $155,300 | $16,100 | $139,200 |
| 2024 | $2,467 | $100,300 | $16,100 | $84,200 |
| 2023 | $2,467 | $100,300 | $16,100 | $84,200 |
| 2022 | $2,400 | $100,300 | $16,100 | $84,200 |
| 2021 | $1,634 | $67,200 | $3,400 | $63,800 |
| 2020 | $1,592 | $65,200 | $3,400 | $61,800 |
| 2019 | $1,558 | $62,600 | $3,400 | $59,200 |
| 2018 | $1,843 | $62,600 | $3,400 | $59,200 |
| 2017 | $1,325 | $58,800 | $3,400 | $55,400 |
| 2016 | $1,434 | $65,400 | $3,400 | $62,000 |
| 2014 | $1,328 | $61,400 | $3,400 | $58,000 |
| 2013 | $1,357 | $61,400 | $3,400 | $58,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2026 07/07/26 | Price Changed | $269,900 | -3.6% | -- | |
| 06/08/2026 06/08/26 | For Sale | $279,990 | +78.3% | -- | |
| 02/20/2024 02/20/24 | Sold | $157,000 | +8.3% | $119 / Sq Ft | View Prior Sale |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- | |
| 01/12/2024 01/12/24 | For Sale | $145,000 | -- | $110 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Mvp National Title | |
| Warranty Deed | $88,000 | Eagle Land Title | |
| Deed | $88,000 | -- | |
| Deed | $48,500 | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22105502
APN: 49-06-22-107-001.000-101
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.