37 S Rural Street

Indianapolis, IN 46201 (MLS #22106984)
$230,000

Description

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 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 flowRead MoreRead Less
Courtesy of Ask Pat About Real Estate.
Days Online
32
Last Updated
Property Type
Duplex
Lot Size
0.14 Acres
Year Built
1915
MLS Number
22106984
Building
Architecture: "Bungalow", Construction Materials: "Vinyl Siding", Levels: "One", Year Built: 1915
Fence
Description: "Front Yard"
Garage
Garage Spaces: 2
Heating
Heating: "Forced Air"
Lot
Features: "City Lot", "Sidewalks", "Mature Trees", "Trees-Small (Under 20 Ft)", Acres: 0.14, MLS Acres: <1/4 Acre
Property
Zoning: C1 - Res Two Family 520
Roof
Description: "Asphalt"

Area snapshot

30 Days Snapshot Of 46201
$262k
(avg) sold price
+6%
35
homes sold
-33%
68
(avg) days on market
-21%
Nearby Schools
*Please check the school district website to see all schools in this area
James A. Garfield School 31
Public
KG-5
Daniel Webster School 46
Public
PK-5
Christel House Academy South
Public
KG-8
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

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