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Turnkey Updated Duplex

1020-1022 N Rural Street, Indianapolis, IN 46201

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For Sale

$209,000

MULTI_FAMILY - Indianapolis, IN

Lot size:

0.15 Acres

HighLights

Duplex built in 1917 with basement and alley parking
Updated on both sides, including newer roof, exterior metal siding, paint, and flooring
Some windows replaced, plus kitchen and bathroom fixtures and appliances updated
Asphalt roof

We can help!

Listing Contact

Lawton Link

For Sale

$209,000

MULTI_FAMILY - Indianapolis, IN

Lot size:

0.15 Acres

Added:: Oct 20, 2025
Days on Market:: 238
Last Refresh:: Jun 14 at 1:06 am

Property Features for 1020-1022 N Rural Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: Alley
Basement: Unfinished
Standard status: Active
APN: 490732192009000101
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Anna L Walkers Clifford Ave Add L7

Building Details

Year built: 1917
Number of units: 2
Roof type: Asphalt

We can help!

Listing Contact

Lawton Link

Listing agent Lawton Link License #RB17000627

Listing office Real Broker, LLC Lantern Rd Ste 275 10150, INDIANAPOLIS, IN

Listing date Oct 20, 2025

MLS# 22069274 Listing URL

HighLights

Duplex built in 1917 with basement and alley parking
Updated on both sides, including newer roof, exterior metal siding, paint, and flooring
Some windows replaced, plus kitchen and bathroom fixtures and appliances updated
Asphalt roof

Overview

This turnkey duplex features updates on both sides, designed to support immediate occupancy. Improvements include a newer roof, exterior metal siding, fresh paint, updated flooring, some new windows, and refreshed kitchen and bathroom fixtures. Appliance and fixture updates help reduce near-term maintenance and turnover concerns for an owner-occupant or investor.

The property is located in Indianapolis, listed at 1020-1022 N Rural Street, and is described as being close to downtown. With a small lot measuring 0.15 acres, the duplex format provides an easy way to manage two separate living units from one property.

The configuration suits a range of owners. If you want to live on one side, the duplex layout allows the other side to be rented for additional income support. For investors, the updated, move-in-ready condition on both sides provides a straightforward path to adding a duplex to a portfolio without waiting on major near-term renovations. The home’s refreshed interiors and exterior improvements support dependable daily livability while keeping unit management consolidated.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.116679
Latitude: 39.781972

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For sale
Duplexes
IN
Indianapolis
46201
1020-1022 N Rural Street

What type of property is this?

Duplex - Turnkey Indianapolis duplex updated on both sides for immediate occupancy, offering flexible live-in or rental options.

Where is this duplex located?

The property is located at 1020-1022 N Rural Street Indianapolis, IN.

What is the asking price?

The asking price for this property is $209,000.

What are key features of this property?

This property features: Duplex built in 1917 with basement and alley parking; Updated on both sides, including newer roof, exterior metal siding, paint, and flooring; Some windows replaced, plus kitchen and bathroom fixtures and appliances updated

1020-1022 N Rural Street, Indianapolis, IN 46201

MULTI_FAMILY - Indianapolis, IN

Property Features for 1020-1022 N Rural Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Value-Add Commercial Opportunity in Indianapolis

Hard-Corner Retail/Office Building

Freestanding Office Building on Shadeland

Freestanding Office Building on Shadeland

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Keystone Avenue Redevelopment Opportunity

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