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Listed by Daniel McNeal • @properties
$ 739,000
Est. payment | /mo
7,405 Sqft Lot
$ 739,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Subdivision Hadleys Grandview
MLS Listing ID 22091622
Year Built 2026
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Quadruplex
Property Description
Purpose-built multifamily 4-plex in the heart of the Monon Yard neighborhood. Currently under construction, this brand new building is engineered for investors or house-hackers: maximizing rental performance while virtually eliminating the "CapEx" headaches of older conversions. Buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Each of the four units features a spacious layout designed for function and style With "new everything", from high-efficiency HVAC systems to modern finishes, stainless appliances and in unit laundry. The expected completion date is mid to late June 2026. This development features one upgraded unit that could serve as an owner's suite OR mid-term rental. A side door has been added for an optional outdoor deck. It also features an upgraded trim package. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities. This is a rare chance to acquire a brand-new four-unit building. Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style Traditional
Structure Type Wood Siding
New Construction true
Schools
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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