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$145,900 -

315 S Rural Street Indianapolis IN 46201

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with separate furnaces and water heaters. No squabbling over utilities here; electricity is separately metered, so each tenant minds their own watts! Now, let's talk about the cherry on top: two rock-star tenants who've been calling this place home for 2-3 years each. They're as reliable as your grandma's cookie recipe, happily paying $750 per side every month. That's $1,500 in your pocket before you even break out the landlord cape! Whether you're a seasoned investor or just dipping your toes into the real estate pool, this duplex is your low-maintenance ticket to steady cash flow. With separate everything-furnaces, water heaters, electric-this place runs smoother than a sunny afternoon breeze. The tenants love their space, and you'll love the simplicity of managing this dynamic duo of units. It's like owning two houses for the price of one. Ready to snag this income-generating gem? This duplex is practically begging to be the star of your portfolio.

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Property Details

Price: $145,900 Previously: $145,900 Originally: $149,900 Bathrooms: 0.00 MLS #: 22040105 Year Built: 1950 Township: Center Type: Residential Income Zip Code: 46201 City: Indianapolis Subdivision: Forest Park County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Setting / Lot Description: City Lot, Curbs, Sidewalks
  • # Acres: 0.12

Listing Office: Ferris Property Group

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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 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 10th, 2025 at 9:56am EDT.

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