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Listed by Zachary Douglas • Canull Group LLC
$ 475,000
Est. payment | /mo
5,227 Sqft Lot
$ 475,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Montrose
MLS Listing ID 22071854
Year Built 2026
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.
Location
State IN
County Marion
Interior
Fireplace N
Building
New Construction true
Schools
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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