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2910 Mac Pherson Avenue

Indianapolis, IN 46205
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Bed 0

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Bath 0

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Acres0.13

Acre(Lot)

Brand-New 4-Unit Multifamily Quadplex in Monon Yard - in the permit stage. Construction will begin in June. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. This purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Drawings are in supplements. Photos are from a recently completed unit. Location Highlight s: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, IU Health and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities This is a rare chance to acquire a brand-new four-unit building. Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.

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Detail Ic Property Details

Property Type : Residential Income

Price : $679,000

AD Id : 83769874

MLS Id : MBR22107322

Lot Size : 0.13 Acre

Year Built : 2026

County : Marion

Subdivision: Meadland Grandview

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Feature Features

  • Interior Features

    Roof: Asphalt Laundry Features: Connections All

    Roofing Information

    Asphalt
  • Flooring Information

    Construction Materials: Wood Siding
  • Heating & Cooling

    Heating: Forced Air Cooling: Central Air

  • Building Information

    Year Built: 2026

  • Lot Information

    Lot Square Feet: 5445 Lot Acres: 0.13

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex Style: Traditional Structure Type: Quadruplex

  • Listing Price Information

    Original List Price:$679000

  • Tax Information

    Tax Lot: 63 Tax Legal Description: Meadland Grandview Add L63 Tax Year: 2024 Parcel Number: 490730109023000101

  • Location Information

    Subdivision: Meadland Grandview City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2026 Clay Street, Indianapolis, IN, 46205 $210,000 -- -- --
2518 Columbia Avenue, Indianapolis, IN, 46205 $350,000 -- -- --
3105 Guilford Avenue, Indianapolis, IN, 46205 $290,000 -- -- --
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ByOwner last updated this listing 06/12/2026 @ 06:20

MLS: MIBOR #22107322 LISTED BY: Daniel McNeal, @properties SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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