37 S Rural Street | MLS #MBR22106984

Listing provided courtesy of Ask Pat About Real EstateMLS# MBR22106984

Exceptional multi-family investment opportunity on Indianapolis's Near Eastside! This beautifully updated double features two mirrored units (37 & 39 S Rural St) sitting on a single parcel, offering instant cash flow from day one. The left side (Unit 37) is already occupied by a tenant paying $1,250/month, Both sides feature extensive renovations completed this year (2026), presenting the perfect turnkey chance to lease up at top market rent or move in and house-hack. Each side showcases a highly functional layout maximizing its 652.8 square feet of living space to deliver 3 bedrooms and 2 full bathrooms. The floor plans flow seamlessly from a front full bath and bright living area into a modern kitchen, down the hall past two bedrooms, to a private bedroom and second full bath at the rear. Don't miss this pristine, immediate-income producing asset!

Source: MIBOR, MLS#: MBR22106984

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Property Type

Residential Income
Lot

0.14 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 37 S Rural Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
6/15/2026Source: MIBOR	Status Change	Pending
6/9/2026Source: MIBOR	Added to Database	June 09, 2026
12/4/2025Source: MIBOR	Status Change	Sold
11/5/2025Source: MIBOR	Status Change	Pending
10/12/2025Source: MIBOR	Added to Database	October 12, 2025