Positioned in the heart of the rapidly redeveloping Arsenal Heights neighborhood, this new construction duplex is a rare chance to secure a turnkey asset in one of Indy's strongest rental corridors. The neighborhood is fueled by growth spilling over from Fountain Square, Mass Ave, and downtown employers like IU Health,… Read More Eli Lilly, and Bottleworks. Property Highlights Two 3BR/2BA mirror units Open floor plans, stainless appliances, energy-efficient systems Low-maintenance new build, rental-grade finishes 2-car rear parking per unit + street parking Walkable location, minutes to downtown & Monon Trail Investment Snapshot Rents: $1,700-$1,900 per unit Gross Income: $40.8K-$45.6K/year Expenses: ~$7.5K-$8K per unit (with mgmt) Target Cash-on-Cash: 8-10% Upside: Ongoing Arsenal Heights revitalization + demand from major job centers Key Advantages 1031 Exchange-ready Limited new rental supply in high-demand submarket Truly turnkey - lease and cash flow from day one Read Less
Courtesy of Neu Real Estate Group.
Listing Snapshot
Days Online
91
Last Updated
Property Type
Duplex
Lot Size
0.09 Acres
Year Built
2025
MLS Number
22051424
Additional Details
Building
Year Built: 2025
Lot
Acres: 0.09, MLS Acres: <1/4 Acre
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