315 S Rural Street
Indianapolis, IN 46201
Map
- – beds
- – baths
- – sqft
- 5,271 sqft lot
- 1950 build
Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with separate furnaces and water heaters. No squabbling over utilities here; electricity is separately metered, so each tenant minds their own watts! Now, let's talk about the cherry on top: two rock-star tenants who've been calling this place home for 2-3 years each. They're as reliable as your grandma's cookie recipe, happily paying $750 per side every month. That's $1,500 in your pocket before you even break out the landlord cape! Whether you're a seasoned investor or just dipping your toes into the real estate pool, this duplex is your low-maintenance ticket to steady cash flow. With separate everything-furnaces, water heaters, electric-this place runs smoother than a sunny afternoon breeze. The tenants love their space, and you'll love the simplicity of managing this dynamic duo of units. It's like owning two houses for the price of one. Ready to snag this income-generating gem? This duplex is practically begging to be the star of your portfolio.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 24, 2025
•
MLS# 22040105 —
The Building
-
Year Built:1950
-
New Construction:false
-
Architectural Style:Ranch
-
Foundation Details:Concrete Perimeter
-
Levels:One
-
Basement:true
-
Basement:Unfinished
-
Direction Faces:West
-
Green Certification:No
Interior
-
Laundry Features:Connections All, In Basement
Location
-
Directions:GPS Friendly
-
Latitude:39.762721
-
Longitude:-86.116153
The Property
-
View:true
-
Property Type:Residential Income
-
Property Subtype:Duplex
-
Property Attached:true
-
Parcel Number:491008135096000101
-
Acres:<1/4 Acre
-
Lot Features:City Lot, Curbs, Sidewalks
-
Lot Size Acres:0.12
-
Lot Size SqFt:5,271 Sqft
-
Price Per Acre:1249167
-
Fence:No
-
Current Use:Residential
-
Road Access:Access Rd
-
Road Frontage Type:City Street
-
Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 751-0551
- Office phone:
- (317) 204-8324
Taxes
-
Tax Lot:A
-
Tax Year:2024
-
Tax Exemptions:None
-
Semi Annual Property Tax Amt:946
The Listing
-
Virtual Tour Branded:
Heating & Cooling
-
Heating:Forced Air
Utilities
-
Solid Waste:Yes
Schools
-
High School District:Indianapolis Public Schools
The Community
-
Subdivision Name:Forest Park
Extra Units
-
# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/22/25
May 22, 2025
|
Listed / Active | MIBOR | $149,900 |
