315 S Rural Street

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Address: 315 S Rural St, Indianapolis, IN 46201, USA
Chicago & Midwest + 2-4 Units
Created date: August 16, 2026
Date last updated: October 6, 2026
Price: $135,400Investment Analyzer NEW!

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.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $135,400
No. of Units: 2
Year Built: 1950
Opportunity Zone: No
Price per unit: $67,700
Property Website Click Here
Number of Bedrooms: 2
Number of Bathrooms: 2
Address: 315 S Rural Street, Indianapolis, IN 46201, USA
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