$185,000
Description
INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minutes from downtown Indianapolis! Located in the rapidly appreciating near eastside, this property offers unbeatable access to Gainbridge Fieldhouse, Lucas Oil Stadium, Mass Ave, the Bottleworks District, and major employers-making it a highly desirable rental location. Each unit features 2 bedrooms and 1 bathroom, with tenants currently paying $850 per month and covering all utilities. One unit was fully renovated in late 2024, and a brand-new furnace was just installed on one side. The property is professionally managed, ensuring a seamless, hassle-free investment. Even better, this duplex… Read More is located in one of Indiana's 156 designated Opportunity Zones, presenting potential tax advantages for investors focused on long-term wealth building. A perfect addition to any savvy investor's portfolio! No seller financing. Read Less
Courtesy of Keller Williams Indpls Metro N.
Days Online
17
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1900
MLS Number
MBR22027044
Basement
Description: "Cellar"
Building
Architecture: "TraditonalAmerican", Construction Materials: "Aluminum Siding", Levels: "Two", Year Built: 1900
Heating
Heating: "Forced Air"
Laundry
Description: "Connections All"
Lot
Features: "Sidewalks", Acres: 0.11, MLS Acres: <1/4 Acre
Roof
Description: "Asphalt", "Shingle"
Area snapshot
30 Days Snapshot Of 46201
$242k
(avg) sold price
+14%
39
homes sold
-11%
85
(avg) days on market
-18%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 2
Public
KG-8
IPS Butler University Laboratory School 55
Public
PK-8
Crispus Attucks High School
Public
9-12
Arsenal Technical High School
Public
9-12
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.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.

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