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Two-Unit Duplex

37 S Rural St, Indianapolis, IN 46201

For Sale
$185,000

Both residences are occupied under month-to-month leases, providing an existing rental arrangement.

Property Size6,011 SF
Lot Size0.14 Acres
Price / SF$30.78
Days on Market16

Property Features for 37 S Rural St

General Information

Standard status Active
Size 6,011 SF
Lot size 0.14 Acres
Property subtype Multi-Family
Occupancy 100%

Financials

Gross Income $30,000
Average Monthly Rent $1,250

Site & Location

Neighborhood Christian Park

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Year Built 1915
Buildings 1
Stories 1
Listing Agency: Real Broker, LLC
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Oct 30 Changed: Nov 12 Last Checked: Nov 12 at 7:53AM

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 Real Broker, LLC

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Investment Insights

Based on property information with market context.

Built in 1915, this single-story duplex contains two tenant-occupied residences. The building has approximately 1,107 square feet of living area on a 6,011-square-foot lot. Both units are leased month to month, subject to applicable lease terms and tenant rights.

At 37 S Rural St in Indianapolis, the property is on the city's east side, with access to downtown, major roadways, shopping, dining, and everyday services.

Key Highlights

  • Two tenant‑occupied units
  • Approximately 1,107 square feet of living area
  • 6,011‑square‑foot lot

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Indianapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied under month-to-month leases, providing an existing rental arrangement.
Where is this duplex located?
The property is located at 37 S Rural St Indianapolis, IN.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two tenant‑occupied units; Approximately 1,107 square feet of living area; 6,011‑square‑foot lot
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