213 Jefferson Avenue, Indianapolis, IN 46201

$375,000

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List Price
$375,000
MLS#
22070448
Days on Market
193
Status
PENDING - CONTINUE TO SHOW

Property Description

Turnkey New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,680 (2x2) / $3,360 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing near eastside neighborhood, one of Indy's fastest growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood highlights - Arsenal Heights is a historic and evolving neighborhood located on Indy's East side, known for its rich history, charming architecture, and growing redevelopment efforts. 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. Strong 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 with minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. A prime position in a neighborhood with rising property values and planned redevelopment. Reach out to our Investment team - 7655252161.

Additional Information

Expenses
6356
New Construction
Yes
Construction Stage
Permit on File, See Remarks
Est. Completion Date
2026
Stories
Two
Acres
0.13
Region
Center

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Calculator source: Real Geeks

Listing courtesy of Neu Real Estate Group.

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