BEDS0
BATHS
MLS#22132942
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNo Subdivision
SCHOOLIndianapolis Public Schools
Property Description
**INVESTMENT OPPORTUNITY WITH TWO INCOME-PRODUCING UNITS!** Welcome to **37 S Rural Street in Indianapolis, Indiana**, where historic character meets investment opportunity! Built in 1915, this single-story duplex offers approximately 1,107 square feet of living space on a 6,011-square-foot lot, providing an opportunity for investors looking to expand their rental portfolio. **Both units are currently tenant-occupied, each generating $1,250 per month, for a combined $2,500 in monthly rental income and $30,000 in annual gross scheduled rent!** With tenants on month-to-month leases, the property offers an established rental arrangement along with flexibility for future ownership plans, subject to applicable lease terms and tenant rights. Conveniently situated on Indianapolis' east side, the property provides access to downtown Indianapolis, major roadways, shopping, dining, and everyday conveniences. Whether you're an experienced investor expanding your holdings or purchasing your first multifamily property, this duplex presents an opportunity to acquire a property with rental income already in place. **Two occupied units. Established rental income. One investment opportunity.** Schedule your private showing and explore the possibilities at 37 S Rural Street!
Property Features
Property Type: Multi Unit - Multiple
Garage: 2
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.14 Acres
Taxes: $1,992
Year Built: 1915
Feature Descriptions
Days on Site: 3
Exterior: Vinyl Siding
Foundation: Crawl Space
Local Schools
High School: Arsenal Technical High School
Elementary School: William Penn School 49
School District: Indianapolis Public Schools
Listed By / Shown By
Listed By
Agency Name: Keller Williams Indy Metro NE
Agency Phone: 317-564-7100
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 1,254.80 per month $1,034.84 Principal & Interest $166.00 Property Tax $53.96 Homeowner's Insurance
37 S Rural Street | MLS# 22132942
This multi-family property located at 37 S Rural Street , Indianapolis, IN 46201 is currently listed for sale with an asking price of $185,000. S Rural Street is located within the Indianapolis Public Schools school district. Search Indianapolis real estate on www.ikeyrealty.com today.