210 N State Avenue Indianapolis, IN $ 475,000
210 N State Avenue
$ 475,000
New Construction
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210 N State Avenue

Indianapolis, IN, 46201
$ 475,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,281

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Multi-Family Home for sale in Indianapolis, IN

for $475,000. This home was built in 2026 on a lot size of 0.09.

Cottage Home District new construction, on Indianapolis's near eastside, just east of downtown and Mass Ave. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,800 per unit is supported by 3-bedroom comparables within 2 miles. Pro forma: $43,200 gross potential rent, $30,857 estimated NOI at 5% vacancy and 8% management. Tree-lined, walkable streets with a Conservation Plan guiding compatible new construction. Taxes and insurance are estimates; buyer to verify. This property is broker owned.

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Multi-Family Active

Price

$ 475,000

Property Type

Multi-Family

Taxes

$ 1,046

Style

Lot Size

0.09

Year Built

2026

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22120744

Features
General
Possession Closing
Year Built 2026
Township Center
Property Subtype Duplex
Tax Year 2025
Current Use Residential
County Marion
Net Operating Income 30857
New Construction Y
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
High School Arsenal Technical High School
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 2
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4095
Builder Name IPA
Standard Status Active
Tax Lot L14
Legal Description J M Ridenours State Ave Sub L14 Also Kollers Add Pt L8 Beg 34' S Of Nw Cor P.O.B. E20' S34' W20' N34' To Beg
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Exterior
Lot Size Acres 0.09
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* Excluded Features
List By
Neu Real Estate Group

Broker

Info@email1.neurealestategroup.com

Email

Affordability Calculator

$3,368
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,281
Monthly Property Taxes
$87
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
8/19/2026$475,000 Listed Price

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210 N State Avenue, Indianapolis, IN, 46201 is a Multi-Family Home for sale at $475,000 with a lot size of 0.09. 210 N State Avenue has 0.0 baths and was built in 2026. The property's zip code is 46201 which is in Indianapolis, IN