239 E Caven Street, Indianapolis, IN 46225

$425,000

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List Price
$425,000
MLS#
22098184
Days on Market
90
Status
ACTIVE

Property Description

Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.

Additional Information

New Construction
Yes
Construction Stage
Foundation In
Est. Completion Date
09/30
Stories
Two
Architecture
Traditional
Acres
0.08
Region
Center

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Calculator source: Real Geeks

Listing courtesy of F.C. Tucker Company.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative