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Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 185,000
Est. payment | /mo
4,791 Sqft Lot
$ 185,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hubbard & Thornton
MLS Listing ID 22027044
Year Built 1900
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minutes from downtown Indianapolis! Located in the rapidly appreciating near eastside, this property offers unbeatable access to Gainbridge Fieldhouse, Lucas Oil Stadium, Mass Ave, the Bottleworks District, and major employers-making it a highly desirable rental location. Each unit features 2 bedrooms and 1 bathroom, with tenants currently paying $850 per month and covering all utilities. One unit was fully renovated in late 2024, and a brand-new furnace was just installed on one side. The property is professionally managed, ensuring a seamless, hassle-free investment. Even better, this duplex is located in one of Indiana's 156 designated Opportunity Zones, presenting potential tax advantages for investors focused on long-term wealth building. A perfect addition to any savvy investor's portfolio! No seller financing.
Location
State IN
County Marion
Rooms
Basement Cellar
Interior
Heating Forced Air
Fireplace N
Exterior
View Y/N false
Roof Type Asphalt,Shingle
Building
Story Two
Architectural Style TraditonalAmerican
Structure Type Aluminum Siding
New Construction false
Schools
School District Indianapolis Public Schools
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