2910 Mac Pherson Avenue Indianapolis, IN $ 679,000
2910 Mac Pherson Avenue
$ 679,000
New Construction
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2910 Mac Pherson Avenue

Indianapolis, IN, 46205
$ 679,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 4,690

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Multi-Family Home for sale in Indianapolis, IN

for $679,000. This home was built in 2026 on a lot size of 0.13.

Brand-New 4-Unit Multifamily Quadplex in Monon Yard - in the permit stage. Construction will begin in June. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. This purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, 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. Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, IU Health 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. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.

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Multi-Family Pending

Price

$ 679,000

Property Type

Multi-Family

Taxes

$ 624

Style

Traditional

Lot Size

0.13

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22107322

Features
General
Heating Forced Air
Cooling Central Air
Possession Closing Negotiable
Roof Asphalt
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 2026
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Current Use Vacant
County Marion
New Construction Y
Property Type Residential Income
Subdivision Name Meadland Grandview
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 4
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5445
Current Financing Exchange - 1031 Conventional FHA
Property Condition Under Construction
Structure Type Quadruplex
Builder Name Arcadia 1 Dev.
Standard Status Pending
Tax Lot 63
Legal Description Meadland Grandview Add L63
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Exterior
Foundation Details Block
Lot Size Acres 0.13
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Interior
Basement (Y/N) N
Laundry Features Connections All
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* Excluded Features
List By
@Properties

Broker

dan@atpropertiesind.com

Email

Affordability Calculator

$4,742
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,690
Monthly Property Taxes
$52
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
6/11/2026$679,000 Listed Price

Map


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2910 Mac Pherson Avenue, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $679,000 with a lot size of 0.13. 2910 Mac Pherson Avenue has 0.0 baths and was built in 2026. The property's zip code is 46205 which is in Indianapolis, IN