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315 S Rural Street, Indianapolis, IN 46201

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For Sale

$149,900

0.12 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with separate furnaces and water heaters. No squabbling over utilities here; electricity is separately metered, so each tenant minds their own watts! Now, let's talk about the cherry on top: two rock-star tenants who've been calling this place home for 2-3 years each. They're as reliable as your grandma's cookie recipe, happily paying $750 per side every month. That's $1,500 in your pocket before you even break out the landlord cape! Whether you're a seasoned investor or just dipping your toes into the real estate pool, this duplex is your low-maintenance ticket to steady cash flow. With separate everything-furnaces, water heaters, electric-this place runs smoother than a sunny afternoon breeze. The tenants love their space, and you'll love the simplicity of managing this dynamic duo of units. It's like owning two houses for the price of one. Ready to snag this income-generating gem? This duplex is practically begging to be the star of your portfolio.
MLS# 22040105

Courtesy Of Ferris Property Group

(317) 204-8324

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Ranch
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Rooms
    Basement

Map and Directions

Directions to 315 S Rural Street, Indianapolis, IN 46201

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 881-2100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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