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  • $82,000

    1315 N Rural St, Indianapolis, IN 46201

    2beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1901
    -- sqft lot
    $82,000 Zestimate®
    $--/sqft
    $918 Estimated rent

    Home value

    $82,000

    $78,000 - $86,000

    $918/mo

    Zestimate® history
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    $412/mo

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    $412/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: January 21, 2026 at 02:11pm

    Listing Provided by:

    Peter Stewart 317-450-9202,

    Keller Williams Indpls Metro N

    Bought with:

    Ron Rose

    Indiana Realty Pros, Inc.

    Source: MIBOR as distributed by MLS GRID,MLS#: 22075012MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Main level bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Unfinished

    Property

    Parking
    • Parking features: Alley Access, Common
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,098 sqft
    Details
    • Parcel number: 490732193104000101
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Multi Family, Duplex
    Materials
    • Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Fixer
    • New construction: No
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Vajens South Brookside

    Price history

    DateEventPrice
    1/14/2026Sold$82,000
    Source: MIBOR as distributed by MLS GRID #22075012 Report a problem
    12/8/2025Pending sale$82,000
    Source: MIBOR as distributed by MLS GRID #22075012 Report a problem
    11/26/2025Price change$82,000-3.5%
    Source: MIBOR as distributed by MLS GRID #22075012 Report a problem
    10/20/2025Pending sale$85,000
    Source: MIBOR as distributed by MLS GRID #22066374 Report a problem
    10/3/2025Listed for sale$85,000+349.7%
    Source: MIBOR as distributed by MLS GRID #22066374 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,907 -1.5%$84,200 +4.7%
    2023$1,936 +27.5%$80,400 -2%
    2022$1,518 +83.1%$82,000 +24.6%

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $82,000