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  • $138,000

    1027 N Rural St, Indianapolis, IN 46201

    3beds
    1baths
    --sqft
    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $139,600 Zestimate®
    $--/sqft
    $1,365 Estimated rent

    Home value

    $139,600

    $128,000 - $152,000

    $1,365/mo

    Zestimate® history
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    Owner options

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    $1,365/mo

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    $694/mo

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    $694/mo

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    What's special

    Don't miss this excellent investment opportunity! This duplex, being sold as-is, features two units, each currently occupied by long-term tenants paying $900/month, providing immediate rental income. Each unit offers 3 bedrooms, 1 bathroom and the potential for upgrades to increase rental value. The property is conveniently located near local restaurants, stores, and public transportation, making it an attractive option for renters. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer interested in an income-generating property, this duplex has plenty of potential. Priced to sell, this is your chance to secure a property with reliable tenants already in place. No showings will be taken until after accepted contract. Tenants are in place and leases are available.

    Zillow last checked: 8 hours ago

    Listing updated: March 26, 2025 at 03:05pm

    Listing Provided by:

    Meighan Wise 317-937-0134,

    Keller Williams Indpls Metro N

    Bought with:

    Peter Stewart

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22015312MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 490732193172000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Vajens South Brookside

    Price history

    DateEventPrice
    3/19/2025Sold$138,000-11%
    Source: MIBOR as distributed by MLS GRID #22015312 Report a problem
    1/29/2025Pending sale$155,000
    Source: MIBOR as distributed by MLS GRID #22015312 Report a problem
    1/16/2025Listed for sale$155,000
    Source: MIBOR as distributed by MLS GRID #22015312 Report a problem
    1/2/2025Pending sale$155,000
    Source: MIBOR as distributed by MLS GRID #22015312 Report a problem
    12/18/2024Listed for sale$155,000+121.4%
    Source: MIBOR as distributed by MLS GRID #22015312 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,500 -1.6%$110,600 +4.9%
    2023$2,540 +30.5%$105,400 -2%
    2022$1,947 +73.4%$107,600 +27.5%

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes

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    Estimated market value

    $139,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $139,600