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210 N State Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
210 N State Avenue,Indianapolis, IN 46201
$475,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alec neu
Office: neu real estate group
MLS#:22120744
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$475,000

About this home

New-construction duplex in the Cottage Home Historic District on Indianapolis's near eastside, just east of downtown and Mass Ave. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,800 per unit is supported by 3-bedroom comparables within 2 miles. Pro forma: $43,200 gross potential rent, $30,857 estimated NOI at 5% vacancy and 8% management. Tree-lined, walkable streets with a Conservation Plan guiding compatible new construction. Taxes and insurance are estimates; buyer to verify. This property is broker owned.

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Home facts

  • Year built:2026
  • Subdivision & Development:No Subdivision
  • Listing ID #:22120744
  • Added:69 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Structure and exterior

  • Year built:2026
  • Lot area:0.09 Acres

Schools

  • High school:Arsenal Technical High School

Finances and disclosures

  • Price:$475,000
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