315 S Rural Street, Indianapolis, IN 46201
- $135,400
- List Price
- $135,400
- MLS#
- 22119594
- Days on Market
- 29
- Status
- ACTIVE
Property Description
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.
/u.realgeeks.media/hothouserealty/HotHouseDetail.png)
Additional Information
- Expenses
- 4620
- Tenant Pays
- All Utilities, Insurance
- Owner Pays
- Ins Hazard, Insurance, No Utilities
- Subdivision
- Forest Park
- Basement
- Unfinished
- Foundation
- Concrete Perimeter
- Stories
- One
- Architecture
- Ranch
- Acres
- 0.12
- Heat
- Forced Air
- Financing
- Conventional
- Region
- Center
Mortgage Calculator
Listing courtesy of Ferris Property Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative