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2421 Guilford Avenue

Indianapolis, IN 46205
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Bed 0

Bed

Bath 0

Bath

Acres0.13

Acre(Lot)

Unbelievable Turnkey New Construction Quadplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2.5 bath per unit x4 Units! Projected Monthly Rent: $1,841 (2x2.5) / $7,364 Gross Monthly Total. Units: 2 Step into this new construction townhome style quadplex in the revitalizing near eastside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This Quad is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood highlights - Near Northside sits immediately north of downtown Indianapolis-just minutes from Mass Ave, Fall Creek Place, and the city's business and healthcare districts. Reagan Park Neighborhood offers convenient access to I-65 and Meridian Street, connecting residents to all parts of the metro a rea within minutes. Near Northside is a diverse, historic, and strategically located neighborhood just north of downtown Indianapolis. Known for its deep community roots, early 20th-century architecture, and steady revitalization efforts, the area offers a blend of legacy charm and urban opportunity. 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. 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 - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.

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Detail Ic Property Details

Property Type : Residential Income

Price : $850,000

AD Id : 74275627

MLS Id : MBR22080153

Lot Size : 0.13 Acre

Year Built : 2026

County : Marion

Subdivision: Reagan Park

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Feature Features

  • Building Information

    Year Built: 2026

  • Lot Information

    Lot Square Feet: 5619 Lot Acres: 0.13

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$850000

  • Tax Information

    Tax Lot: Lot 141 Tax Legal Description: Reagan Park Add L141 Tax Year: 2024 Parcel Number: 490625187186000101

  • School Information

    Senior High School: Arsenal Technical High School
  • Location Information

    Subdivision: Reagan Park City: Indianapolis Direction: GPS Friendly
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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MIBOR #22080153 LISTED BY: Alec Neu, Neu Real Estate Group 317-572-9000 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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