315 S Rural Street, Indianapolis, IN 46201
Local realty services provided by:Schuler Bauer Real Estate ERA Powered



Listed by:marybeth cambre
Office:ferris property group
MLS#:22040105
Source:IN_MIBOR
Price summary
- Price:$145,900
About this home
Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with separate furnaces and water heaters. No squabbling over utilities here; electricity is separately metered, so each tenant minds their own watts! Now, let's talk about the cherry on top: two rock-star tenants who've been calling this place home for 2-3 years each. They're as reliable as your grandma's cookie recipe, happily paying $750 per side every month. That's $1,500 in your pocket before you even break out the landlord cape! Whether you're a seasoned investor or just dipping your toes into the real estate pool, this duplex is your low-maintenance ticket to steady cash flow. With separate everything-furnaces, water heaters, electric-this place runs smoother than a sunny afternoon breeze. The tenants love their space, and you'll love the simplicity of managing this dynamic duo of units. It's like owning two houses for the price of one. Ready to snag this income-generating gem? This duplex is practically begging to be the star of your portfolio.
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Home facts
- Year built:1950
- Listing Id #:22040105
- Added:71 day(s) ago
- Updated:August 12, 2025 at 03:43 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1950
- Lot area:0.12 Acres
Finances and disclosures
- Price:$145,900
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