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1631 Montcalm Street, Indianapolis, IN 46202

Local realty services provided by:CENTURY 21 Scheetz
1631 Montcalm Street,Indianapolis, IN 46202
$405,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: edward neu
Office: neu real estate group
MLS#:22080147
Source:IN_MIBOR

Price summary

  • Price:$405,000

About this home

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. Riverside is located just northwest of downtown Indianapolis, bordered by the White River to the east. It offers convenient access to major roads like I-65 and I-70, making it attractive for residents commuting to downtown or nearby employment hubs. Its proximity to the 16 Tech Innovation District adds to its appeal for young professionals and investors. 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.

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Home facts

  • Year built:2026
  • Listing ID #:22080147
  • Added:1 day(s) ago
  • Updated:January 15, 2026 at 11:44 PM

Structure and exterior

  • Year built:2026
  • Lot area:0.12 Acres

Schools

  • High school:George Washington High School

Finances and disclosures

  • Price:$405,000
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