37 S Rural Street, Indianapolis, IN 46201
- $200,000
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 flow seamlessly from a front full bath and bright living area into a modern kitchen, down the hall past two bedrooms, to a private bedroom and second full bath at the rear. Don’t miss this pristine, immediate-income producing asset!
Address
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Address: 37 S Rural Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46201
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Area: No Subdivision
Details
Updated on July 14, 2026 at 10:51 pm-
Property ID 22106984
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Price $200,000
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Land Area 0.14 Acres
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Garages 2
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Garage Size x x
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Year Built 1915
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Property Type Duplex, Residential Income
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Property Status Active
Additional details
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Roof Asphalt
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Heating Forced Air
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County Marion
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Property Type Residential Income
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Parking Detached
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Elementary School William Penn School 49
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High School Arsenal Technical High School
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Architectural Style Bungalow
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