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Listed by Edward Neu • Neu Real Estate Group
$ 435,000
Est. payment /mo
New
1706 Ingram ST Indianapolis, IN 46218
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision I Fletchers Oak Hill
MLS Listing ID 22080143
Year Built 2026
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Turnkey New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 Gross Monthly Total. Units: 2 Step into this new construction duplex in the revitalizing Martindale/Brightwood neighborhood, one of Indianapolis' 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. Martindale-Brightwood is a historically significant neighborhood undergoing a visible transformation as public and private investment flows into this near-downtown enclave. Bordered by Fall Creek to the west and Interstate 70 to the south, the area offers strong locational fundamentals-just minutes from the Bottleworks District, Mass Ave, and IU Health's expanding downtown campus. Long overlooked by institutional capital, Martindale-Brightwood is now a focus area for infill residential development, community revitalization efforts, and scalable investment opportunities. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. 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 - 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.
Location
State IN
County Marion
Interior
Fireplace N
Exterior
View Y/N false
Building
Story Two
New Construction true
Schools
School District Indianapolis Public Schools
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