USAINIndianapolisBoulevard Square513 31St St
Listing image | Image 1

513 31St St, Indianapolis, IN

House

For Sale

Listed price in listed location currency (USD).
$294,900

000

MLS® 22105658

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 16
Lot Size 0.07 Acres
Approx. Age 1910
MLS® Number 22105658

Property Address: 513 31st St, Indianapolis, IN, 46205-3945

Average square foot calculated using Size range provided by listing agent.

Description

Excellent duplex investment opportunity in the rapidly revitalizing Meridian Park/Boulevard Square area, surrounded by numerous renovated homes and ongoing redevelopment. Each side features 3 spacious bedrooms, 1 full bath with a tub/shower combination, durable LVP flooring throughout, and a full basement for additional storage. Both units offer a covered front porch, generous living room, separate dining area, full kitchen with ample cabinetry and counter space, and a rear deck. The functional floor plans and strong rental demand make this an attractive addition to any investment portfolio. Conveniently located with easy access to Fall Creek Parkway, providing quick commutes to Downtown Indianapolis and the Northside. Public transportation is just steps away, including IndyGo bus service and the Red Line. Unit 515 is currently vacant and requires only minor cosmetic touches to be rent-ready, presenting an immediate value-add opportunity. Unit 513 is tenant-occupied at $1, 050 per month with a lease in place through March 2027, providing stable income from day one. Major updates include a new roof (April 2022), new A/C units (April 2023), and Sewer line updated & cleanout installed in April 2026. A solid income-producing property in one of Indianapolis' fastest-growing neighborhoods.
MLS® Number22105658
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air, Separate Meters

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$294,900List Price
Aug 1, 2023End Date
$1,150Sold Price

Leased

May 6, 2026List Date
$1,150List Price
  • Commute

Commute

Starting Address
Destination Address
513 31St St, Indianapolis, IN

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