Single-Level Duplex with
For Sale
$135,400
Pending
315 S Rural Street, Indianapolis, IN 46201
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.12 Acres
Days on Market11
Property Features for 315 S Rural Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Basement
Unfinished
Subdivision
Forest Park
Lot features
City Lot, Curbs, Sidewalks
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Pending
APN
491008135096000101
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Forest Park Add Sec A L8 B16
Legal Description
Forest Park Add Sec A L8 B16
Utilities
Heating system
Forced Air
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Architectural style
Ranch
Listing Agency:
Ferris Property Group
(317) 204-8324
Listed By:
MaryBeth Cambre
(317) 446-0457
Added: Aug 13
Changed: Aug 20
Last Checked: Aug 23 at 4:06PM
MLS# 22119594
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-level duplex contains two side-by-side residential units, each configured with 1 bedroom and 1 bathroom. Both units include a full basement, an individual furnace, and a dedicated water heater. Separate electric meters provide distinct utility service for each residence.
Constructed in 1950 with ranch-style design, the property occupies a 0.12-acre lot at 315 S Rural Street in Indianapolis. The asset is located in the Near Eastside area and includes two established tenants, with reported occupancy histories of more than three years.
The two-unit layout combines compact residential floor plans with dedicated basement and mechanical features at each side of the building. The property is classified as a duplex and is located in Marion County, within ZIP Code 46201.
Constructed in 1950 with ranch-style design, the property occupies a 0.12-acre lot at 315 S Rural Street in Indianapolis. The asset is located in the Near Eastside area and includes two established tenants, with reported occupancy histories of more than three years.
The two-unit layout combines compact residential floor plans with dedicated basement and mechanical features at each side of the building. The property is classified as a duplex and is located in Marion County, within ZIP Code 46201.
Key Highlights
- Two‑unit duplex with 1 bedroom and 1 bathroom per unit
- Full basement, furnace, and water heater serving each unit
- Separate electric meters for the two residences
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 - Side-by-side units offer separate basements, mechanical systems, and electric metering.
Where is this duplex located?
The property is located at 315 S Rural Street 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‑unit duplex with 1 bedroom and 1 bathroom per unit; Full basement, furnace, and water heater serving each unit; Separate electric meters for the two residences
