315 S Rural Street, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
315 S Rural Street,Indianapolis, IN 46201
$135,400
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: marybeth cambre, karon hatleli
Office: ferris property group
MLS#:22119594
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$135,400

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Subdivision & Development:Forest Park
  • Listing ID #:22119594
  • Added:44 day(s) ago
  • Updated:September 27, 2026 at 08:25 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1950
  • Lot area:0.12 Acres
  • Lot Features:Curbs, Sidewalks
  • Architectural Style:Ranch
  • Foundation Description:Concrete Perimeter

Finances and disclosures

  • Price:$135,400
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 315 S Rural Street