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Listed by Alec Neu • Neu Real Estate Group
$ 850,000
Est. payment /mo
Pending
2421 Guilford AVE Indianapolis, IN 46205
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Reagan Park
MLS Listing ID 22080153
Year Built 2026
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Quadruplex
Property Description
Unbelievable Turnkey New Construction 4-plex! Strong Cash Flow & Upside Unit Mix: 2 bed/2.5 bath per unit x4 Units! Projected Monthly Rent: $1,841 (2x2.5) / $7,364 Gross Monthly Total. Units: 2 Step into this new construction townhome style quadplex in the revitalizing near eastside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This Quad is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood highlights - Near Northside sits immediately north of downtown Indianapolis-just minutes from Mass Ave, Fall Creek Place, and the city's business and healthcare districts. Reagan Park Neighborhood offers convenient access to I-65 and Meridian Street, connecting residents to all parts of the metro area within minutes. Near Northside is a diverse, historic, and strategically located neighborhood just north of downtown Indianapolis. Known for its deep community roots, early 20th-century architecture, and steady revitalization efforts, the area offers a blend of legacy charm and urban opportunity. With a mix of legacy housing stock and infill development potential, the area is well-positioned for both cash-flowing assets and long-term appreciation. Tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable operating expenses. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team
Location
State IN
County Marion
Interior
Fireplace N
Exterior
View Y/N false
Building
Story Two
New Construction true
Schools
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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