$82,000
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.
GPS Friendly
| MLS # | 22075012 |
|---|---|
| Date Listed | 2025-11-26 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | No |
| Style | Ranch, Traditional |
| Type | Duplex |
| Basement | Unfinished |
| Year Taxes Payable | 2024 |
| Year Built | 1901 |
| Virtual Tour | indy-realty-pics.aryeo.com » |
| Days on Market | 10 |
| Design | Ranch, Traditional |
|---|---|
| Cooling | None |
| Heating | Forced Air |
| Construction | Duplex |
|---|---|
| Lot Size | 6,098 sq ft |
| Acreage | 0.14 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | Vajens South Brookside |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46201 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22075012
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Peter Stewart
Keller Williams Indpls Metro N
peter@peterstewartrealty.com
Listing updated November 30, 2025 at 9:54 am
Last checked 5 minutes ago