Exceptional multi-family investment opportunity on Indianapolis's Near Eastside! This beautifully updated double features two mirrored units (37 & 39 S Rural St) sitting on a single parcel, offering instant cash flow from day one. The left side (Unit 37) is already occupied by a tenant paying $1,250/month, Both sides feature… Read More extensive renovations completed this year (2026), presenting the perfect turnkey chance to lease up at top market rent or move in and house-hack. Each side showcases a highly functional layout maximizing its 652.8 square feet of living space to deliver 3 bedrooms and 2 full bathrooms. The floor plans flow seamlessly from a front full bath and bright living area into a modern kitchen, down the hall past two bedrooms, to a private bedroom and second full bath at the rear. Don't miss this pristine, immediate-income producing asset! Read Less
Courtesy of Ask Pat About Real Estate, 317-370-9494.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1915
MLS Number
22106984
30 Days Snapshot Of 46201
$247k
+11%
(avg) sold price
49
+16%
homes sold
77
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Architecture: "Bungalow", Construction Materials: "Vinyl Siding", Levels: "One", Year Built: 1915
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. 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.”
Based on information submitted to the MLS GRID as of ,
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