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37 S Rural Street, Indianapolis

37 S Rural Street, Indianapolis, IN 46201

$185,000

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

1915

Year Built

Additional Information

Property SubtypeDuplex
MLS #MBR22132942
Lot Size0.14 Acres

Home Features

HeatingForced Air
Garage Spaces2
ParkingDetached

Providence Property Group, PC

Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

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!

Location

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37 S Rural Street, Indianapolis, IN 46201

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

Photo Gallery

Listing provided courtesy of Stacey Brown at Keller Williams Indy Metro NE

Contact: brown.stacey@kw.com

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

Based on information submitted to the MLS GRID as of November 6, 2026 at 12:19 AM EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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