526 N Elder Avenue Indianapolis, IN $ 449,999
526 N Elder Avenue
$ 449,999
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526 N Elder Avenue

Indianapolis, IN, 46222
$ 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 0.1.

Turnkey investment opportunity featuring a new construction duplex in a rapidly developing area near downtown Indianapolis. This well-maintained property offers modern finishes that attract and retain quality tenants, including granite countertops, white shaker cabinetry, stainless steel appliances, luxury flooring, and spacious open-concept living areas. Each unit is thoughtfully designed with private entrances, dedicated parking, in-unit laundry, and functional floor plans that provide strong rental appeal. Located just minutes from downtown Indianapolis, major employers, hospitals, universities, and interstate access, the property benefits from a highly desirable location with consistent rental demand. With low-maintenance construction, contemporary finishes, and established tenancy, this asset provides investors the opportunity to acquire a stabilized income-producing property with long-term growth potential in one of Indianapolis's most active rental markets.

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Multi-Family Active

Price

$ 449,999

Property Type

Multi-Family

Taxes

$ 78

Style

Lot Size

0.1

Year Built

2025

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22108327

Features
General
Possession Closing Negotiable
Garage Spaces 1
Year Built 2025
Township Center
Property Subtype Duplex
Tax Year 2024
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Merritt Place
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 4182
Standard Status Active
Tax Lot 126
Legal Description Merritt Place L126
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Exterior
Lot Size Acres 0.1
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* Excluded Features
List By
Crossroads Realty, Llc

Broker

crossroadsrealty@outlook.com

Email

Affordability Calculator

$3,115
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$7
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
6/15/2026$475,000 Listed Price

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526 N Elder Avenue, Indianapolis, IN, 46222 is a Multi-Family Home for sale at $449,999 with a lot size of 0.1. 526 N Elder Avenue has 0.0 baths and was built in 2025. The property's zip code is 46222 which is in Indianapolis, IN