Fantastic Investment Opportunity in Indianapolis! This income-producing duplex generates approximately **$2,200 per month** in rental income and offers an excellent opportunity for investors or owner-occupants. Each unit features **3 bedrooms and 1 full bathroom**, providing spacious and desirable living space. The property has been updated with new windows, new flooring, fresh interior paint, and numerous additional improvements, making it move-in ready while minimizing future maintenance. Located in a convenient Indianapolis neighborhood with easy access to schools, shopping, dining, parks, and major highways, this duplex is well-positioned to attract and retain tenants. Whether you're looking to expand your rental portfolio or offset your mortgage by living in one unit and renting the other, this property offers strong cash flow, modern updates, and long-term investment potential. Schedule your showing today!
Active
$195,000
1754 N Rural St, Indianapolis, IN 46218
3beds
1baths
--sqft
:
Get pre-qualified$1,338/mo
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New flooringNew windowsFresh interior paint
- 4 days |
- 164 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Kerolos Sarofem 317-590-4928,
HSI Commercial & Residential Group, Inc
Source: MIBOR as distributed by MLS GRID,MLS#: 22117814
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 490732169008000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Subdivision: Holloways Sub E T Fletchers
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $94,400
- Annual tax amount: $2,342
- Date on market: 8/2/2026
- Cumulative days on market: 6 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Listed for sale | $195,000 |
Source:  MIBOR as distributed by MLS GRID #22117814 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,055 +11.6% | $94,400 +9% |
| 2024 | $1,841 +0.5% | $86,600 +11.6% |
| 2023 | $1,832 +21.1% | $77,600 |
| 2022 | $1,513 +9.1% | $77,600 +18.3% |
| 2021 | $1,387 +11.5% | $65,600 +9.5% |
| 2020 | $1,244 +12.3% | $59,900 +13.7% |
| 2019 | $1,108 -17.9% | $52,700 +13.3% |
| 2018 | $1,349 -40.8% | $46,500 +3.1% |
| 2017 | $2,278 +63.1% | $45,100 -33.2% |
| 2016 | $1,396 +5.5% | $67,500 +10.3% |
| 2014 | $1,323 -3.5% | $61,200 |
| 2013 | $1,371 | $61,200 +0.5% |
| 2012 | $1,371 | $60,900 +36.9% |
| 2011 | -- | $44,500 |
| 2010 | $930 -2.4% | $44,500 |
| 2009 | $953 | $44,500 -5.9% |
| 2007 | -- | $47,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-5Distance: 0.7 mi
- 3/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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