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$185,000

37 S Rural Street, Indianapolis IN, 46201

Price per sqftN/A
Built in1915
Property typeMulti-family
Courtesy of Keller Williams Indy Metro NE, Stacey Brown Listing Contact:

Overview

Active

Listed Oct 29, 2026

Updated 45h ago

**INVESTMENT OPPORTUNITY WITH TWO INCOME-PRODUCING UNITS!** Welcome to **37 S Rural Street in Indianapolis, Indiana**, where historic character meets investment opportunity! Built in 1915, this single-story duplex offers approximately 1,107 square feet of living space on a 6,011-square-foot lot, providing an opportunity for investors looking to expand their rental portfolio. **Both units are currently tenant-occupied, each generating $1,250 per month, for a combined $2,500 in monthly rental income and $30,000 in annual gross scheduled rent!** With tenants on month-to-month leases, the property offers an established rental arrangement along with flexibility for future ownership plans, subject to applicable lease terms and tenant rights. Conveniently situated on Indianapolis' east side, the property provides access to downtown Indianapolis, major roadways, shopping, dining, and everyday conveniences. Whether you're an experienced investor expanding your holdings or purchasing your first multifamily property, this duplex presents an opportunity to acquire a property with rental income already in place. **Two occupied units. Established rental income. One investment opportunity.** Schedule your private showing and explore the possibilities at 37 S Rural Street!

$1,231/mo

Est. mortgage payment based on a $185,000 home price.

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

Additional information

MLS® ID
22132942

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Garage
Yes
Municipality
Center

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Gina Fosso-Schibley shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:08 AM UTC on 10/30/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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