Single-Level Duplex with Full
For Sale
$135,400
315 S Rural St, Indianapolis, IN 46201
Two side-by-side units offer separate electric metering and dedicated basement space.
Property Size5,271 SF
Price / SF$25.69
Days on Market15
Property Features for 315 S Rural St
General Information
Standard status
Active
Size
5,271 SF
Property subtype
Multi-Family
Financials
Gross Income
$19,200
Average Monthly Rent
$800
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1950
Buildings
1
Stories
1
Listing Agency:
Coldwell Banker Real Estate Group
(317) 721-2274
Listed By:
Streamlined Realty · License #6501323797
(317) 721-2274
Source:
Streamlinedrealty
Added: Aug 15
Changed: Aug 28
Last Checked: Aug 28 at 10:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1950, this single-level duplex contains two side-by-side units, each configured with 1 bedroom and 1 bathroom. Every unit includes its own full basement, furnace, and water heater, while separate electric metering supports distinct utility service for each residence.
The property is located at 315 S Rural St in Indianapolis’s Near Eastside. Both units are occupied by long-term tenants, with each tenancy extending 3+ years. The duplex provides a straightforward two-unit configuration with individually supported mechanical and utility components.
The property is located at 315 S Rural St in Indianapolis’s Near Eastside. Both units are occupied by long-term tenants, with each tenancy extending 3+ years. The duplex provides a straightforward two-unit configuration with individually supported mechanical and utility components.
Key Highlights
- Two side‑by‑side units, each with 1 bed / 1 bath
- Each unit includes a full basement, furnace, and water heater
- Electricity is separately metered for each unit
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side units offer separate electric metering and dedicated basement space.
Where is this duplex located?
The property is located at 315 S Rural St Indianapolis, IN.
What is the asking price?
The asking price for this property is $135,400.
What are key features of this property?
This property features: Two side‑by‑side units, each with 1 bed / 1 bath; Each unit includes a full basement, furnace, and water heater; Electricity is separately metered for each unit
