227 N Hamilton Avenue Indianapolis, IN $ 449,999
227 N Hamilton Avenue
$ 449,999
New Construction
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227 N Hamilton Avenue

Indianapolis, IN, 46201
$ 449,999
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,108

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Multi-Family Home for sale in Indianapolis, IN

for $449,999. This home was built in 2025 on a lot size of 0.12.

Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures consistent rental demand and excellent portfolio stability. Ideal for 1031 buyers and out-of-state investors seeking a high-quality new construction asset with strong cash-flow and appreciation potential in a rapidly developing area.

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Multi-Family Active

Price

$ 449,999

Property Type

Multi-Family

Taxes

$ 234

Style

Duplex

Lot Size

0.12

Year Built

2025

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22070516

Features
General
Heating Electric
Cooling Central Air
Possession Closing
Garage Spaces 1
Construction Materials Brick
Year Built 2025
Township Center
Levels One
Property Subtype Duplex
Tax Year 2024
Current Use Vacant
County Marion
New Construction Y
Property Type Residential Income
Subdivision Name Johnson & Hogshire
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5184
Property Condition New Construction
Structure Type Duplex
Builder Name Midwest Home Constru
Standard Status Active
Tax Lot 114
Legal Description Johnson & Hogshires E Wash St Add L114
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Exterior
Exterior Amenities Smart Lock(s)
Lot Size Acres 0.12
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Interior
Basement (Y/N) N
Laundry Features Laundry Room
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* Excluded Features
List By
Crossroads Realty, Llc

Broker

crossroadsrealty@outlook.com

Email

Affordability Calculator

$3,128
Per Month
99%
1%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$449,999 -5.26% Price Down
6/8/2026$475,000 -4.81% Price Down
10/28/2025$499,000 Listed Price

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227 N Hamilton Avenue, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $449,999 with a lot size of 0.12. 227 N Hamilton Avenue has 0.0 baths and was built in 2025. The property's zip code is 46201 which is in Indianapolis, IN