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Listed by Alec Neu • Neu Real Estate Group
$375,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22118629
Year Built 2026
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
New-construction duplex opportunity in Crown Hill on Indianapolis's near-north side, a few blocks west of Crown Hill Cemetery. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,718 per unit is supported by 2-bedroom comparables within 2 miles, many clustered along N Meridian St. Pro forma: $41,232 gross potential rent, $30,336 estimated NOI at 5% vacancy and 8% management. Located within the Indy Health District, near the Children's Museum, Newfields, and the Meridian Street corridor. Taxes and insurance are estimates; buyer to verify. This property is broker owned.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
View Y/N false
Building
Story Two
Architectural Style Craftsman
New Construction true
Schools
High Schools Shortridge High School
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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