2421 Guilford Avenue Indianapolis, IN $ 850,000
2421 Guilford Avenue
$ 850,000
New Construction
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2421 Guilford Avenue

Indianapolis, IN, 46205
$ 850,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 5,871

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Multi-Family Home for sale in Indianapolis, IN

for $850,000. This home was built in 2026 on a lot size of 0.13.

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

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Multi-Family Pending

Price

$ 850,000

Property Type

Multi-Family

Taxes

$ 724

Style

Lot Size

0.13

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22080153

Features
General
Possession Closing
Year Built 2026
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Current Use Residential See Remarks
County Marion
New Construction Y
Property Type Residential Income
Subdivision Name Reagan Park
Possible Use Residential See Remarks
Status Pending
Directions GPS Friendly
High School Arsenal Technical High School
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 4
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5619
Additional Parcels Y/N N
Builder Name IPA
Standard Status Pending
Tax Lot Lot 141
Legal Description Reagan Park Add L141
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Interior
Basement (Y/N) N
Laundry Features Connections All Laundry Room
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Exterior
Lot Size Acres 0.13
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Neu Real Estate Group

Broker

Info@email1.neurealestategroup.com

Email

Affordability Calculator

$5,931
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,871
Monthly Property Taxes
$60
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
Arsenal Technical High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$850,000 Listed Price

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2421 Guilford Avenue, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $850,000 with a lot size of 0.13. 2421 Guilford Avenue has 0.0 baths and was built in 2026. The property's zip code is 46205 which is in Indianapolis, IN