$425,000
INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods - FOUNTAIN SQUARE! This vertical duplex or 'Multi-Unit Home' is ideal for both seasoned and first-time investors seeking strong rental income and long-term equity growth. This Professionally built property features two spacious and modern 3-Bedroom, 2-Bathroom units, each with open-concept floor plans, luxury vinyl plank flooring, stainless steel appliances, granite countertops, and energy-efficient HVAC systems. Designed for low maintenance and tenant appeal, each unit includes in-unit laundry, off-street parking, and private entrances for enhanced privacy and convenience. High-Demand Rental Market: Close to downtown, major employers, universities, and highway access. Strategically located within minutes of revitalized commercial corridors, transit lines, and ongoing city development projects, this turnkey asset offers favorable rents and long-term appreciation. Whether you're looking to house hack, add to your rental portfolio, or capitalize on Indy's affordable housing demand, these duplexes check every box for smart investing....Reach out today or schedule an appointment to tour our builds, review lot availability & building specs!
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| MLS # | 22059717 |
|---|---|
| Date Listed | 2025-08-29 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Duplex |
| New Construction | Yes |
| Type | Duplex |
| Year Taxes Payable | 2024 |
| Year Built | 2025 |
| Days on Market | 98 |
| Construction | Duplex |
|---|---|
| Lot Size | 4,748 sq ft |
| Acreage | 0.11 Acres |
| Fence | None |
| Area | Marion |
|---|---|
| County | Marion |
| Subdivision | C M Coopers Trs Prospect St Add |
| Township | Center |
| City | Indianapolis |
| State | IN |
| Zip | 46203 |
| School District | Indianapolis Public Schools |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22059717
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 Jade McGillem
Richfield Realty Group
april@richfieldpm.com
Listing updated October 31, 2025 at 12:29 pm
Last checked 24 minutes ago