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Experience downtown Indianapolis living at its finest in this stunning penthouse-style studio located within one of the city's most iconic historic buildings. Perched on the top floor, this unique residence blends timeless architectural character with modern convenience, creating an exceptional opportunity for homeowners, investors, or those seeking a stylish urban retreat. Soaring ceilings, oversized windows, and an open-concept layout fill the space with natural light while showcasing the charm and craftsmanship that make historic properties so desirable. The thoughtfully designed floor plan maximizes both functionality and comfort, offering flexible living, dining, and sleeping spaces that feel far larger than a traditional studio. This turnkey property presents excellent income-producing potential for mid to long term rents while also serving as an ideal primary residence. Tenants and owners alike appreciate the walkable location, rich architectural surroundings, and vibrant energy of Indianapolis' urban core. One of the most attractive features is the low-maintenance lifestyle. The HOA covers water, sewer, trash service, high-speed internet, exterior building maintenance, and master insurance, helping simplify ownership and reduce monthly expenses.Whether you're enjoying your morning coffee while taking in the city atmosphere, heading out to nearby restaurants, entertainment, and sporting events, or simply relaxing in your private top-floor retreat, this condo delivers the perfect blend of historic character and modern convenience. Rarely does an opportunity arise to own a penthouse-style residence in a landmark building with proven rental history, incredible architectural appeal, and exceptional value. If you've been searching for a downtown property that stands out from the ordinary, this is the one.Investment-friendly. Historic charm. Top-floor privacy. Downtown convenience. Welcome to 230 E 9th UNIT 601.

Highlights

  • Residential
  • Condominium
  • Built in 1907
  • 0.4 Acre Lot
  • $293/mo HOA
  • 157 days on Market

  • Bedrooms
    1
  • Bathrooms
    1
  • Year Built
    1907
  • Architectural Style
    Other
  • Construction Materials
    Brick, Other
  • Foundation
    Slab
  • Parking Features
    Assigned, Common
  • Living Area
    450.0
  • Interior Features
    Walk-In Closet(s), High Ceilings
  • Appliances
    Dishwasher, Microwave, Refrigerator, Electric Oven, Water Heater
  • Exterior Features
    Lighting
  • Security Features
    Fire Alarm
  • Cooling
    Central Air
  • Heating
    Forced Air

  • Acres
    0.4
  • Utilities
    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water
    Private


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Frequently Asked Questions

How do I schedule a tour of 230 E 9th St #601?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 230 E 9th St #601.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 230 E 9th St #601?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $154,900. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Indianapolis, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 230 E 9th St #601?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 230 E 9th St #601 at around $881. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 230 E 9th St #601?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Marion County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 230 E 9th St #601?

In most cases, yes. Whether 230 E 9th St #601 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Indianapolis's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 230 E 9th St #601?

We can handle that for you. Our preferred local agent specializes in residentials in Indianapolis and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $154,900 with 450 sqft of space—that comes out to approximately $344 per square foot.

How long has this property been on the market?

230 E 9th St #601 was listed on June 05, 2026, which means it's been on the market for 157 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1907, making it approximately 119 years old.

What is the lot size of this property?

230 E 9th St #601 sits on a 0.4-acre lot, which is 17,424 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $293 paid monthly.

This covers access to community features including: Snow Removal, Trash, Management, Insurance, Parking, Laundry, Cable TV, Security, Coin Laundry.

Is 230 E 9th St #601 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 09, 2026 at 05:23PM. 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.