315 S Rural Street, Indianapolis, IN 46201

$135,400

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List Price
$135,400
Days on Market
28
Status
ACTIVE
MLS#
22119594
Lot Size (Acres)
0.12
Year Built
1950

Property Description

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.

Additional Information

Area
Center
Subdivision
Forest Park
Taxes
$924
Stories
One

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Calculator source: Real Geeks

Listing courtesy of Ferris Property Group.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative