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$135,400

315 S Rural Street, Indianapolis IN, 46201

Price per sqftN/A
Built in1950
Property typeMulti-family
Courtesy of Ferris Property Group, MaryBeth Cambre Listing Contact:

Overview

Active

Listed Aug 13, 2026

Updated 13h ago

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.

$901/mo

Est. mortgage payment based on a $135,400 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22119594

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Municipality
Center

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