37 S Rural Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Address: 37 S Rural St, Indianapolis, IN 46201, USA
Chicago & Midwest + 2-4 Units
Created date: October 29, 2026
Date last updated: October 29, 2026
Price: $185,000Investment Analyzer NEW!

Property Description

**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 first multifamily property, this duplex presents an opportunity to acquire a property with rental income already in place. **Two occupied units. Established rental income. One investment opportunity.** Schedule your private showing and explore the possibilities at 37 S Rural Street!
Availabletick-green

Request Information

Broker Details

Stacey Brown
Stacey Brown

Indy Metro Northeast dba Keller Williams Realty (317) 564-7100 MLS ID: 44068 State License Number: RB21000092

New call-to-action

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $185,000
No. of Units: 2
Year Built: 1915
Opportunity Zone: No
Price per unit: $92,500
Property Website Click Here
Number of Bedrooms: 3
Number of Bathrooms: 2
Address: 37 S Rural Street, Indianapolis, IN 46201, USA
Provided by:
Standard Status: Active
MLS Listing Number: 22132942
ID: 3yd-MIBORIN-22132942
Copyright Disclaimer: Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

1143 Cedarview Drive

1143 Cedarview Drive

Springfield, Ohio
Chicago & Midwest + 2-4 Units
Units: 2
Price: $163,500
305 N 2ND Street

305 N 2ND Street

COUNCIL BLUFFS, Iowa
Chicago & Midwest + 2-4 Units
Units: 3
Price: $275,000
11182 Foothills Lane

11182 Foothills Lane

Warsaw, Missouri
Chicago & Midwest + 2-4 Units
Units: 3
Price: $250,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up