37 S Rural Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
37 S Rural Street,Indianapolis, IN 46201
$185,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stacey brown
Office: keller williams indy metro ne
MLS#:22132942
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$185,000

About this home

**INVESTMENT OPPORTUNITY WITH TWO INCOME-PRODUCING UNITS!** Welcome to **37 S Rural Street in Indianapolis, Indiana**, where historic character meets investment opportunity! Built in 1915, this single-story duplex offers approximately 1,107 square feet of living space on a 6,011-square-foot lot, providing an opportunity for investors looking to expand their rental portfolio. **Both units are currently tenant-occupied, each generating $1,250 per month, for a combined $2,500 in monthly rental income and $30,000 in annual gross scheduled rent!** With tenants on month-to-month leases, the property offers an established rental arrangement along with flexibility for future ownership plans, subject to applicable lease terms and tenant rights. Conveniently situated on Indianapolis' east side, the property provides access to downtown Indianapolis, major roadways, shopping, dining, and everyday conveniences. Whether you're an experienced investor expanding your holdings or purchasing your...

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Home facts

  • Year built:1915
  • Subdivision & Development:No Subdivision
  • Listing ID #:22132942
  • Added:9 day(s) ago
  • Updated:November 08, 2026 at 04:20 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1915
  • Lot area:0.14 Acres
  • Lot Features:Mature Trees, Sidewalks
  • Architectural Style:Bungalow
  • Construction Materials:Vinyl Siding
  • Foundation Description:Crawl Space

Schools

  • High school:Arsenal Technical High School
  • Elementary school:William Penn School 49

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$185,000

Parking

  • Garage:Yes
  • Garage spaces:2
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