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Listed by MaryBeth Cambre • Ferris Property Group
$ 135,400
Est. payment /mo
New
315 S Rural ST Indianapolis, IN 46201
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Forest Park
MLS Listing ID 22119594
Year Built 1950
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
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.
Location
State IN
County Marion
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace N
Building
Story One
Foundation Concrete Perimeter
Architectural Style Ranch
New Construction false
Schools
School District Indianapolis Public Schools
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