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$175,000 -

218 N Rural Street N Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.11
Acres

INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minutes from downtown Indianapolis! Located in the rapidly appreciating near eastside, this property offers unbeatable access to Gainbridge Fieldhouse, Lucas Oil Stadium, Mass Ave, the Bottleworks District, and major employers-making it a highly desirable rental location. Each unit features 2 bedrooms and 1 bathroom, with tenants currently paying $850 per month and covering all utilities. One unit was fully renovated in late 2024, and a brand-new furnace was just installed on one side. The property is professionally managed, ensuring a seamless, hassle-free investment. Even better, this duplex is located in one of Indiana's 156 designated Opportunity Zones, presenting potential tax advantages for investors focused on long-term wealth building. A perfect addition to any savvy investor's portfolio! No seller financing.

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Property Details

Price: $175,000 Previously: $175,000 Originally: $185,000 Bathrooms: 0.00 MLS #: 22027044 Year Built: 1900 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Hubbard & Thornton County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: Sidewalks
  • # Acres: 0.11

Listing Office: Keller Williams Indpls Metro N

Office Contact: peter@peterstewartrealty.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 3rd, 2025 at 12:55pm EDT.

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