315 S Rural ST, Indianapolis, IN 46201
315 S Rural ST, Indianapolis, IN 46201
315 S Rural ST, Indianapolis, IN 46201
34
See all 34 photos
Listed by MaryBeth Cambre • Ferris Property Group
$135,400
Est. payment /mo
Save
5,227 Sqft Lot
New

315 S Rural ST Indianapolis, IN 46201

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Audri McGrane

Audri McGrane

+1(317) 509-9729

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Forest Park

MLS Listing ID 22119594

Year Built 1950

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

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.

Location

State IN

County Marion

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace N

Building

Story One

Foundation Concrete Perimeter

Architectural Style Ranch

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Audri McGrane

Audri McGrane

Director of Operations | RBRB18002064

+1(317) 509-9729

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Coldwell Banker Stiles, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

315 S Rural ST

QUICK SEARCH - SCHOOL DISTRICTS
There are 19 quick searches