$82,000

1315 N Rural Street, Indianapolis, IN 46201

  • Property Icon Duplex
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Investors and house hackers-don't miss this opportunity in the revitalizing Brookside Park neighborhood! Located at 1315 N Rural St, this vacant duplex sits just steps from beautiful Brookside Park, offering direct access to playgrounds, trails, and a peaceful creek. The location is ideal for strong rental demand: less than 5 minutes to downtown Indy, minutes to major freeways, and within 10 minutes of five hospitals-perfect for both long-term tenants and furnished mid-term rentals. Each unit features 1 bedroom, 1 bathroom, and 696 sq ft, plus a full unfinished basement for storage or expansion potential. The layouts feel private, with entrances on separate sides. One unit is in solid shape and nearly rent-ready; the other needs cosmetic finishing. The exterior will benefit from siding/trim cleanup, paint, and some fresh landscaping. Off-street parking is available off the alley with a large gravel area, and the spacious concrete pad in back offers great outdoor space for tenants. The seller recently purchased multiple properties and is only completing one renovation, making this a great chance for the next buyer to step in, add value, and execute a strong BRRRR play. Roof and mechanical ages are unknown. Sold as-is and priced firm. Recent inspection report is available for potential buyers. A promising investment in a rapidly improving area-bring your vision and make this one shine.

Listing Status:
Active
Listing Office:
Keller Williams Indpls Metro N : 317-450-9202
Listing Agent:
Peter Stewart : 317-450-9202
MLS ID:
22075012
  • Laundry: In Basement
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced Air
  • Style: RanchTraditional
  • Parking: Alley AccessCommon
  • Roofing: Asphalt
  • General: OneBlock
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Vajens S Brookside L33490732193104000101
  • Current Use: Apt<20
  • Source: mibor

This listing courtesy of Peter Stewart, Keller Williams Indpls Metro N

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brookside Elementary School 54

3150 E 10th St, Indianapolis, IN, 46201

Grades KG-6

0.30 miles away

H

H. L. Harshman Magnet Middle School

1501 E 10th St, Indianapolis, IN, 46201

Grades 7-8

0.92 miles away

A

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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