315 S Rural Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
315 S Rural Street,Indianapolis, IN 46201
$135,400
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: marybeth cambre, karon hatleli
Office: ferris property group
MLS#:22119594
Source:IN_MIBOR

Price summary

  • Price:$135,400

About this home

This single-level duplex in the Near Eastside is a low-drama cash-flow machine. Two mirror-image units (each 1 bed / 1 bath) sit side by side, each with its own full basement, furnace, and water heater. Electricity is separately metered too, so nobody's fighting over the light bill. Even better: two solid, long-term tenants (3+ years and counting) who happily pay $800 a side. That's a clean $1,600 every month with almost zero heavy lifting on your end. Whether you're adding to an existing portfolio or buying your very first investment property, or even house hacking, this is the kind of place that just works-simple to manage, steady to own, and already performing. Two homes, one roof, one easy income stream.

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Home facts

  • Year built:1950
  • Subdivision & Development:Forest Park
  • Listing ID #:22119594
  • Added:1 day(s) ago
  • Updated:August 13, 2026 at 08:38 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1950
  • Lot area:0.12 Acres
  • Lot Features:Curbs, Sidewalks
  • Architectural Style:Ranch
  • Foundation Description:Concrete Perimeter

Finances and disclosures

  • Price:$135,400
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