Back on the market and priced for a savvy investor to secure immediate, dual-stream cash flow! Exceptional multi-family opportunity on Indianapolis's Near Eastside featuring two mirrored units (37 & 39 S Rural St) on a single parcel. This turnkey asset is fully occupied and bringing in a total of $2,550/month… Read More from day one, with Unit 37 renting for $1,250/month and Unit 39 renting for $1,300/month. Both tenants are currently on month-to-month agreements and are eager to sign new leases with the incoming buyer, offering you instant stability and flexibility. While extensive renovations were completed in 2026, the property needs a little remaining TLC and is being sold as-is-presenting the perfect chance to build easy sweat equity while already collecting strong monthly revenue. Each side features a highly functional layout maximizing 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 the kitchen, down the hall past two bedrooms, to a private bedroom and second full bath at the rear. Don't miss this high-potential, income-producing double! Showing with excepted offer only. Read Less
Courtesy of Ask Pat About Real Estate, 833-427-5728.
Listing Snapshot
Days Online
49
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1915
MLS Number
22106984
30 Days Snapshot Of 46201
$254k
+2%
(avg) sold price
31
-34%
homes sold
93
+9%
(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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